Isye 6501 final exam - Study guides, Revision notes & Summaries

ISYE 6501 Final Exam - Questions & Verified Answers

ISYE6501 Final EXAM QUESTIONS AND ANSWERS /ISYE 6501 FINAL EXAM LATEST UPDATE What do descriptive questions ask? - ANSWER-- What happened? (e.g., which customers are most alike) What do predictive questions ask? - ANSWER-- What will happen? (e.g., what will Google's stock price be?) What do prescriptive questions ask? - ANSWER-- What action(s) would be best? (e.g., where to put traffic lights) What is a model? - ANSWER-- Real-life situation expressed as math. What do classifiers...

Isye 6501 Final exam Questions and Correct Answers

ISYE 6501 FINAL EXAM (PRACTICE QUESTIONS AND ANSWERS) 1-norm - CORRECT ANSWER-Similar to rectilinear distance; measures the straight-line length of a vector from the origin. If z=(z1,z2,...,zm) is a vector in an m-dimensional space, then it's 1-norm is square root(|

What do descriptive questions ask? - ANSWER-- What happened? (e.g., which customers are most alike) What do predictive questions ask? - ANSWER-- What will happen? (e.g., what will Google's stock price be?) What do prescriptive questions ask? - ANSWER-- What action(s) would be best? (e.g., where to put traffic lights) What is a model? - ANSWER-- Real-life situation expressed as math. What do classifiers help you do? - ANSWER-- differentiate What is a soft classifier and when is it used? ...

ISYE 6501 Final Exam With Correct Solutions 2024

Factor Based Models classification, clustering, regression. Implicitly assumed that we have a lot of factors in the final model Why limit number of factors in a model? 2 reasons overfitting: when # of factors is close to or larger than # of data points. Model may fit too closely to random effects simplicity: simple models are usually better Classical variable selection approaches 1. Forward selection 2. Backwards elimination 3. Stepwise regression greedy algorithms Backward elimination...

1-norm - ANSWER Similar to rectilinear distance; measures the straight-line length of a vector from the origin. If z=(z1,z2,...,zm) is a vector in an m-dimensional space, then it's 1-norm is square root(|

ISYE 6501 Final Exam – Questions With Correct Solutions

Isye 6501 Final exam Practice Questions and Answers (100% Pass)