Data Science Prerequisites - Numpy, Matplotlib, and Pandas in Python - Scatterplot

The video tutorial introduces scatter plots as a key visualization tool, explaining the need for two-dimensional data to create them. It demonstrates how to generate random data and plot it using the PLT.scatter function. The tutorial also covers the application of scatter plots in machine learning for classification and clustering, showing how to generate and label data points. Finally, it explains how to create a scatter plot with colored data points to signify different classes, using the C argument in the plotting function.

What is the significance of using different colors in a scatter plot?

Describe the process of generating labels for the data points in a scatter plot.