arXiv Open Access 2024

Exploratory Data Analysis for Banking and Finance: Unveiling Insights and Patterns

Ankur Agarwal Shashi Prabha Raghav Yadav
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This paper explores the application of Exploratory Data Analytics (EDA) in the banking and finance domain, focusing on credit card usage and customer churning. It presents a step-by-step analysis using EDA techniques such as descriptive statistics, data visualization, and correlation analysis. The study examines transaction patterns, credit limits, and usage across merchant categories, providing insights into consumer behavior. It also considers demographic factors like age, gender, and income on usage patterns. Additionally, the report addresses customer churning, analyzing churn rates and factors such as demographics, transaction history, and satisfaction levels. These insights help banking professionals make data-driven decisions, improve marketing strategies, and enhance customer retention, ultimately contributing to profitability.

Topik & Kata Kunci

Penulis (3)

A

Ankur Agarwal

S

Shashi Prabha

R

Raghav Yadav

Format Sitasi

Agarwal, A., Prabha, S., Yadav, R. (2024). Exploratory Data Analysis for Banking and Finance: Unveiling Insights and Patterns. https://arxiv.org/abs/2407.11976

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Informasi Jurnal
Tahun Terbit
2024
Bahasa
en
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arXiv
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Open Access ✓