Due: Thursday, April 12
For this assignment you will experiment with Python. NumPy, and Pandas in order to
perform some basic data preprocessing and analysis tasks.
You will work with a modified subset of a real data set of customer for a bank.
data is provided in a CSV formatted file with the first row containing the
attribute names. The description of the the different
fields in the data are provided in
document. You must only use Python, NumPy,
Pandas, Matplotlib to perform the
tasks for this assignment
- Explore the general characteristics of the data as a
whole: examine the means, standard deviations, and other statistics
associated with the numerical attributes; show the distributions of values
associated with categorical attributes; etc.
- Suppose that the hypothetical bank is particularly
interested in customers who buy the PEP (Personal Equity Plan) product.
Compare and contrast the subsets of customers
who buy and don't buy the PEP. Compute summaries (as in part 1) of the
selected data with respect to all other attributes. Can you observe any
significant differences between these segments of customers? Discuss your
- Use z-score normalization to standardize the values of the
income attribute. [Do not change the original income attribute in the
- Discretize the age attribute into 3 categories
(corresponding to "young", "mid-age", and "old"). [Do not change the original
age attribute in the
- Use Min-Max Normalization to transform
the values of all numeric attributes (income, age, children)
in the original table (before the transforamtions in parts 3 and 4 above) onto the range 0.0-1.0.
- Convert the table (after normalization in part 5) into the
standard spreadsheet format. Note that this requires converting
each categorical attribute into multiple binary ("dummy") attributes (one for each values of
the categorical attribute) and assigning binary values corresponding to the
presence or not presence of the attribute value in the original record).
The numeric attributes should remain unchanged. Save this new table into a
file called bank_numeric.csv and submit it along with your
assignment. [Hint: you might consider using the get_dummies for Pandas data frames.]
- Using the standardized data set (of the previous part), perform basic
analysis among the attributes. Discuss your results by indicating any
significant positive or negative correlations among pairs of attributes. You need to
construct a complete Correlation Matrix. Be sure to first remove the
Customer ID column before creating the correlation matrix. [Hint:
you can create the correlation matrix by using the corr()
function in Pandas or corrcoef
function in NumPy].
- Using Matplotlib library and/or ploting capabilties of
Pandas, create a scatter plot of the (non-normalized)
Income attribute relative to Age. Be sure that
your plot contains appropriate labels for the axes. Do these variables seem
- Create histograms for (non-normalized) Income (using 9 bins) and
Age (using 15 bins).
- Using a bargraph, plot the distribution of the values of
the region attribute.
- Perform a cross-tabulation of the region
attribute with the pep attribute. This requires the aggregation of the
occurrences of each pep value (yes or no) separately for each value of the
region attribute. Show the results as a 4 by 2 (region x pep) table with entries representing the
counts. [Hint: you can either use Numpy or use aggregations fucntions in
Pandas such as groupby() and cross-tab().] Then,
either using Matplotlib directly or the plot() function in
Pandas create a bar chart graph to visualize of the
relationships between these sets of variables. [Hint:
This example of creating simple bar charts using Matplotlib may be
Notes on Submission: You must submit your Jupyter Notebook
(similar to examples in class) which includes your documented code, results of
your interactions, and any discussions or explanations of the results. Please
organize your notebook so that it's clear what parts of the notebook correspond
to which problems in the assignment. Please submit the notebook in both IPYNB
and HTML formats (along with any auxiliary files). Your assignment should be submitted