Data Preparation in Forecasting

Data Preparation in Forecasting

Data Preparation is the process of cleaning and transforming raw data into organized data so that it can be processed and analyzed further.
In data preparation, data is reformatted, corrected, and combined to enrich the data.
Data preparation is complex, yet it is essential to create contextual data so that the analysis of such data may prove efficient to produce reliable and insightful results.
In the absence of preparation, biased data may result in poor analysis and erroneous result

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