EDA meaning in Business ?

Answer: What is Exploratory Data Analysis mean?

In statistics, exploratory data analysis is an approach of analyzing data sets to summarize their main characteristics, often using statistical graphics and other data visualization methods. A statistical model can be used or not, but primarily EDA is for seeing what the data can tell us beyond the formal modeling or hypothesis testing task. Exploratory data analysis has been promoted by John Tukey since 1970 to encourage statisticians to explore the data, and possibly formulate hypotheses that could lead to new data collection and experiments. EDA is different from initial data analysis (IDA), which focuses more narrowly on checking assumptions required for model fitting and hypothesis testing, and handling missing values and making transformations of variables as needed. EDA encompasses IDA.

reference

Full Form	Category
Electronic Document Access	Academic & Science
Electronic Data Acquisition	Academic & Science
Egyptian Dental Association	Academic & Science
جمعية أطباء الأسنان المصريون	Academic & Science
Ethylenediamine	Academic & Science
Economic Development Administration	Academic & Science
Electronics Design Automation	Academic & Science
Edna Bay (ak)	Airport Code
European Dairy Association	Business
Endace, LTD.	Business
Electronic Document Associate	Business
Event, Decision, Action	Business
Exploratory Data Analysis	Business
Extra Deluxe Accommodations	Business
Engineering Design Automation	Business
Economic Development Authority	Community
Economic Development Administration's	Community
Eating Disorders Association	Community
Executive Development Associates	Community
Equipment Dealers Association	Community
Economic Development Alliance	Community
Every Day Angels	Community
Every Day Angel	Community
Educational Development Authority	Community
European Conference on Design Automation	Community
Enterprise Digital Assistant	Computer Hardware
Embedded Document Architecture	Computing
Extended Data Attribute	Computing
Ethernet Dsl Access	Computing
Easy Directory Access	Computing
Electronic Design Applications	Computing
Event Driven Application	Computing
Extended Dataflow Architecture	Computing
Estimated Date of Arrival	General
Eating Disorders Anonymous	General
Equipment Data Acquisition	General
Excellent Dynamic Activism	General
Esfuerzo de Amor	General
Engaging Dance Audiences	General
Enterprise Design Associates	General
Emeregency Difficulty Adjustment	General
ESX Deployment Appliance	General
Enhanced Directory Assistance	General
Eco Drive Assistant	General
Editrice Dell'Automobile	General
Emergency Driver Assistant	General
Esterel Distribution Automobile	General
Enchanted Desires Agency	General
Engineer's Duties and Aurthority	Governmental
EyeWear Design Alliance	Governmental
Elite Distributor Alliance	Governmental
Economic Development Agency	Governmental
Equality Diversity Authority	Governmental
Eritrean Demining Authority	Governmental
ITWAN DUNDAILA	Indian Railway Station
Electronic Design Automation	Information Technology
Educazione Degli Adulti	International
Electronic Dental Anesthesia	Medical
Excess Defense Articles	Military and Defence
Engineering Data Analysis	Military and Defence
Enterprise Data Access	Networking
European Dimension Activities	Regional
European Demolition Association	Regional
European Defence Agency	Regional
European Dyslexia Association	Regional
Edna Bay Airport, Edna Bay, Alaska USA	Regional
Event-driven Architecture	Softwares
Electronic Display Assembly	Space Science
Elevation Drive Assembly	Space Science