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A Data Scientist Needs to Analyze Employment Data

question 106

Multiple Choice

A Data Scientist needs to analyze employment data. The dataset contains approximately 10 million observations on people across 10 different features. During the preliminary analysis, the Data Scientist notices that income and age distributions are not normal. While income levels shows a right skew as expected, with fewer individuals having a higher income, the age distribution also shows a right skew, with fewer older individuals participating in the workforce. Which feature transformations can the Data Scientist apply to fix the incorrectly skewed data? (Choose two.)

Identify effective communication techniques in social work.

Recognize barriers to communication within the context of social work.

Understand the impact of verbal and non-verbal communication discrepancy.

Identify the importance of non-judgmental responses in client engagement.

Definitions:

Economic Behaviorists

Researchers or economists who study the psychological, social, cognitive, and emotional factors influencing the economic decisions of individuals and institutions.

Monetarists

Economists of the view that changes in the money supply significantly affect the national output in the short term and have major impacts on the price level over extended durations.

MV = GDP

An equation representing the relationship between the money supply (MV) and gross domestic product (GDP), highlighting the velocity of money in economic activities.

PQ = GDP

An equation stating that the price level (P) times the quantity of output (Q) is equal to the Gross Domestic Product.