Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The dataset Education - Post 12th Standard.csv (link to CSV file : https://drive.google.com/file/d/1eHycMWSV62F4clFT8lilpRIOmwt4yFOi/view?usp=sharing ) is a dataset that contains the names of various colleges. This

The datasetEducation - Post 12th Standard.csv(link to CSV file : https://drive.google.com/file/d/1eHycMWSV62F4clFT8lilpRIOmwt4yFOi/view?usp=sharing ) is a dataset that contains the names of various colleges. This case study is based on various parameters of various institutions. You are expected to do Principal Component Analysis for this case study according to the instructions given in the following rubric. The data dictionary of the 'Education - Post 12th Standard.csv' can be found in the following file link.

Data Dictionary.xlsx. (link : https://drive.google.com/file/d/15UXkIINeVbzTxAenhrUXlAXQ_b-jdUr-/view?usp=sharing )

[Is it possible to get the python codes?]

  1. Perform Exploratory Data Analysis [both univariate and multivariate analysis to be performed]. The inferences drawn from this should be properly documented.
  2. Scale the variables and write the inference for using the type of scaling function for this case study.
  3. Comment on the comparison between covariance and the correlation matrix.
  4. Check the dataset for outliers before and after scaling. Draw your inferences from this exercise.
  5. Build the covariance matrix, eigenvalues, and eigenvector.
  6. What is the explicit form of the first Principal Component (in terms of Eigen Vectors)?
  7. Discuss the cumulative values of the eigenvalues. How does it help you to decide on the optimum number of principal components? What do the eigenvectors indicate ?Perform Principal Component Analysis and export the data of the Principal Component scores into a data frame.
  8. What is the business implication of using the Principal Component Analysis for this case study?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental accounting principle

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

21st edition

1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587

Students also viewed these Mathematics questions