Exam 17: Data Mining
Exam 1: Introduction to Business Analytics24 Questions
Exam 2: Describing the Distribution of a Variable73 Questions
Exam 3: Finding Relationships Among Variables56 Questions
Exam 4: Business Intelligence Bifor Data Analysis62 Questions
Exam 5: Probability and Probability Distributions132 Questions
Exam 6: Decision Making Under Uncertainty79 Questions
Exam 7: Sampling and Sampling Distributions78 Questions
Exam 8: Confidence Interval Estimation60 Questions
Exam 9: Hypothesis Testing70 Questions
Exam 10: Regression Analysis: Estimating Relationships80 Questions
Exam 11: Regression Analysis: Statistical Inference69 Questions
Exam 12: Time Series Analysis and Forecasting95 Questions
Exam 13: Introduction to Optimization Modeling70 Questions
Exam 14: Optimization Models87 Questions
Exam 15: Introduction to Simulation Modeling58 Questions
Exam 16: Simulation Models59 Questions
Exam 17: Data Mining30 Questions
Exam 18: Analysis of Variance and Experimental Design24 Questions
Exam 19: Statistical Process Control24 Questions
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Bridget has partitioned data into two subsets.The original file contains 300,000 observations.The subset she is currently working with has 60,000 observations.Which subset is she most likely to be using?
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C
If the regression coefficient estimate from a logistic regression is positive,the probability of the dependent variable taking on a value of 1
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C
Which methodology is used to group products that customers purchase together?
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A
Clustering tried to group entities into _____ clusters,based on the value of their variables.
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Cluster analysis tries to group observations into clusters so that observations within a cluster a different and observations in different clusters are similar.
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Lift is the increase in the number of purchasers over the typical number of purchasers.
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When using data partitioning,the first subset,usually with about 70% to 80% of the records,is called the training data set.
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Logistic regression and neural networks use complex nonlinear functions to capture the relationship between explanatory variables and categorical dependent variables.
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It is very useful to partition a large data set into all of the following subsets,except the _____ data set.
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Classification analysis attempts to find variables that are related to a quantitative variable.
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Suppose the odds of Team A winning are 5 to 1.Then,the odds ratio is
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Mya is investigating the factors that impact soda consumption.She examines a host of variables that help explain the amount consumed.Which type of data mining methodology is she most likely to use?
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Megan is examining the likelihood of people riding the subway.The dependent variable takes on the value of 1 if the individual rides the subway and 0 otherwise.Therefore,she could use logistic regression to examine this question.
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When using data partitioning,the second subset,which usually contains the records that were not included in the training data,is called the prediction data set.
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