ISYE 6501 Midterm 1 Glossary (A+ Guaranteed)

Descriptive Analytics correct answers What happened Predictive Analytics correct answers What will happen Prescriptive Analytics correct answers What action(s) would be best algorithm correct answers Step-by-step procedure designed to carry out a task. change detection correct answers Identifying when a significant change has taken place in a process. classification correct answers The separation of data into two or more categories, or (a point's classification) the category a data point is put into. classifier correct answers A boundary that separates the data into two or more categories. Also (more generally) an algorithm that performs classification. cluster correct answers A group of points identified as near/similar to each other. cluster center correct answers In some clustering algorithms (like