Question: Problem 2: The datasetEducation - Post 12th Standard.csvcontains information on various colleges. You are expected to done Principal Component Analysis for this case study according

Problem 2:

The datasetEducation - Post 12th Standard.csvcontains information on various colleges. You are expected to done Principal Component Analysis for this case study according to the instructions given. The data dictionary of the 'Education - Post 12th Standard.csv' can be found in the following file:Data Dictionary.xlsx.

  • Perform Exploratory Data Analysis [both univariate and multivariate analysis to be performed]. What insight do you draw from the EDA?
  • Is scaling necessary for PCA in this case? Give justification and perform scaling.
  • Comment on the comparison between the covariance and the correlation matrices from this data [on scaled data].
  • Check the dataset for outliers before and after scaling. What insight do you derive here? [Please do not treat Outliers unless specifically asked to do so]
  • Extract the eigenvalues and eigenvectors.[Using Sklearn PCA Print Both]
  • Perform PCA and export the data of the Principal Component (eigenvectors) into a data frame with the original features
  • Write down the explicit form of the first PC (in terms of the eigenvectors. Use values with two places of decimals only).[hint: write the linear equation of PC in terms of eigenvectors and corresponding features]
  • Consider 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?
  • Explain the business implication of using the Principal Component Analysis for this case study. How may PCs help in the further analysis? [Hint:Write Interpretations of the Principal Components Obtained]

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