Data preprocessing is the process of transforming raw data into an understandable format for machine learning algorithms. It involves validating data for completeness and accuracy, and imputing missing or incorrect values. Preprocessing checks data quality by assessing accuracy, completeness, consistency, timeliness, and interpretability. Key steps include handling missing data, data cleaning, integration, transformation, and reduction by combining datasets. Common techniques for handling missing values include deleting columns or rows with them, and imputing with mean, median, mode, or 0 values.