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In the context of conducting Exploratory Data Analysis (EDA) for a machine learning project, your team is evaluating the use of Google Colab. The project requires collaboration among team members located in different geographical locations, access to powerful computational resources without incurring high costs, and the ability to easily share and access notebooks and data. Considering these requirements, which of the following options best describes the advantages of using Google Colab for this scenario? (Choose two options)
A
Limited library support, making it difficult to perform comprehensive EDA
B
Collaborative and cloud-based Jupyter notebooks, enabling real-time teamwork and access from anywhere
C
High computational cost, especially when utilizing GPU resources
D
Local storage only, restricting access to notebooks and data to a single machine
E
Free access to GPU resources, accelerating data processing without additional costs