Python In Practice - 15 Projects to Master Python - Matplotlib Library

This video tutorial demonstrates how to visualize data using the Matplotlib library. It begins with importing necessary libraries like Matplotlib and Numpy, followed by creating data arrays for plotting. The tutorial then explains how to plot a simple chart using Matplotlib's plot function and customize it by adding titles and labels. The session concludes with a brief overview of the next steps in a data science project.

What is the overall purpose of using the Matplotlib library as described in the text?

Explain how to label the X and Y axes in a Matplotlib chart.