Exam 7: Automated Machine Learning

Running one supervised learning model technique at a time and comparing the results with other models is a time-saving process that provides the best accuracy and prediction.

According to a recent survey conducted by Accenture, 40 percent of companies have adopted machine learning for improved sales and marketing performance.

AutoML, a mainly supervised approach, explores and selects models using different algorithms and compares their predictive performance.

The boosting process in the AutoML process achieves error reduction by observing the error records in a model and then oversampling misclassified records in the next model created.

List and explain several examples of AutoML applications in marketing.

Which of the following is true of AutoML?

To achieve the most effective models while using AutoML, analysts must understand the context of the data and ensure that it meets quality standards.

Explain how some companies are using AutoML tools embedded within their technology platforms to enhance business performance.

List the questions that need to be asked when AutoML develops a predictive model.

Describe how Sumitomo Mitsui Card Company (SMCC) in Japan applies AutoML for risk modeling and related marketing applications.

How did Blue Health Intelligence (BHI) benefit through the use of AutoML?

The boosting process in the creating ensemble models step in the AutoML process serves the purpose of

Identify a true statement about an unsupervised model.

Identify the correct sequence of the four key steps in the AutoML process.

Explain in detail the process of creating ensemble models in AutoML.

Using AutoML in marketing analytics requires extensive coding and modeling experience.

Describe how URBN, a portfolio of apparel brands, employed AutoML to improve overall customer experience.

What are practitioner Elpida Ormanidou's views on the advantages of using AutoML to solve business problems?

An ensemble model blends the most favorable elements from all models into a single model.

Describe how Disney adopted AutoML to improve overall customer experience.