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BIDA 630 DATA ANALYTICS FINAL QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE $10.49   Add to cart

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BIDA 630 DATA ANALYTICS FINAL QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE

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  • BIDA 630

Identify whether the task required is supervised or unsupervised learning: Predicting whether a company will go bankrupt based on comparing its financial data to those of similar bankrupt and nonbankrupt firms. -:- Supervised learning, all information evaluated is known Identify whether the ...

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  • September 17, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BIDA 630
  • BIDA 630
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




BIDA 630 DATA ANALYTICS FINAL
QUESTIONS AND CORRECT ANSWERS |
LATEST UPDATE
Identify whether the task required is supervised or unsupervised learning: Predicting

whether a company will go bankrupt based on comparing its financial data to those of similar

bankrupt and nonbankrupt firms.


✓ -:- Supervised learning, all information evaluated is known




Identify whether the task required is supervised or unsupervised learning: Printing of custom

discount coupons at the conclusion of a grocery store checkout based on what you just

bought and what others have bought previously.


✓ -:- Unsupervised learning; outcomes are unknown




True or false: The test data are used to build models, or to further tweak the model or

improve its fit.


✓ -:- False




_____________ is used for assessing the performance of the final chosen model on new

data

1|P a g e | G r a d e A + | 2 0 2 0 2 5

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




✓ -:- The test data partition




When a model is fit to training data, zero error with those data is not necessarily good. This

special case is called ______.


✓ -:- Overfitting




True or false: Bar charts are useful for comparing a single statistic (e.g. average, count,

percentage) across groups. The height of the bar represents the value of statistic, and

different bars correspond to different groups.


✓ -:- True




Which of the following are the most popular visualization tools in JMP_Pro?


✓ -:- Graph Builder, Fit Y by X, Distribution




Scatter plots play important role in prediction. Next step can be developing a model. Scatter

plots provide information about relationships (linear or non-linear) between variables. The

variables in scatter plot ________.


✓ -:- Numerical

2|P a g e | G r a d e A + | 2 0 2 0 2 5

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