German Credit Data (Part 1): Exploratory Data Analysis

Data analytics is the process of analyzing raw data in order to draw information and make conclusions about the data. Data analytics is an important field in data science because it helps businesses optimize their performance. Data analytics helps businesses reduce costs and increase the overall efficiency of a business. When a bank receives a loan application the bank has to make a decision regarding whether to go ahead with the loan approval or not. The bank makes a decision on the loan based on the applicant's profile.