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

ISYE 6501 Final Exam Questions and Answers 100% Pass 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 reg...

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Isye 6501 Final exam | with questions and answers 2023 1-norm - 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 1norm is square root(|

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