Define a real-world data analysis problem and find a data analysis approach to solve the problem.

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Find a data analysis problem like predicting the weather, finding potential customers, finding the relation between social media data, etc.
Describe your data regarding attributes (dimensions) and what are the best solutions to pre- process your data. Also, define your expected output.
Define your data analysis approach (define your model). For instance, it would be a regression, decision tree, neural network, clustering, etc. Also, Discuss the cost function that you want to use.
Describe how you are going to evaluate your model.