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Autoregressive integrated moving average (ARIMA) - Time series model that uses differences between observations when data is nonstationary. Also called Box-Jenkins. Categorical Data - Data that classifies observations without quantitative meaning (for example, colors of cars) or where quantitative amounts are categorized (for example, "0-10, 11-20, ..."). Balking - An entity arrives to the queue, sees the size of the line (or some other attribute), and decides to leave the system. 2-norm...

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Isye 6501 Final exam Revised 2023//2024 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(|

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(|

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

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