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CFA Level I · CFA Level I Exam · Introduction to Financial Data Science

In text preprocessing, converting the tokens "earnings", "earned" and "earning" to a single base form "earn" by using a crude rule-based removal of suffixes is most likely:

This is stemming. Stemming applies rule-based suffix stripping to reduce related word forms to a common root, which may not be a proper word. Tokenization only splits text into units, and bag-of-words only records token counts, so neither reduces the variants to one form.

  1. AstemmingCorrect
  2. Btokenization
  3. Cbag-of-words representation

Explanation

Stemming chops affixes using rules to reach a common root, and the result may not be a real word. Tokenization splits text into tokens, and bag-of-words counts token occurrences in a document without any word reduction.

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