Discuss the difference between an exploratory analysis and a
Exploratory analysis is an initial investigation of a data set to explore the relationships between variables. It typically involves visualizing data and summarizing it in descriptive statistics. The goal of exploratory analysis is to uncover patterns or interesting features that can then be further investigated in confirmatory analysis.
Confirmatory analysis is used to test specific hypotheses about the data and make formal inferences from the results. It uses rigorous technique such as hypothesis testing, statistical modeling and other methods to arrive at precise conclusions about the data. The goal of confirmatory analysis is to validate findings from exploratory analysis and provide more definitive answers about the relationships between variables.