Exploratory Data Analysis
Exploratory Data Analysis
EDA Steps:
1.Summary Statistics:
- Mean Age: 35
-Median Income: 55000
- Average Purchase Amount: 150
2. Data Visualization:
- Histogram of Age: skewed to the right
- Scatter plot of Income vs. Purchase Amount: positive correlation
- Bar chart of Gender vs. Purchase Amount: males spend more
3. Familiar or Interpretable Records:
- Customers with high income (>75000) tend to make
larger purchases
- Males aged 25-40 have higher purchase amounts
4. Pairwise Correlation:
- Strong correlation between Income and Purchase Amount
(0.8) - Moderate correlation between Age and Income
(0.5)
5. Class Breakdown:
- 60% of customers are males
- 40% of customers have income above 60000