Exam 17: Data Mining

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If the estimate on the female variable is positive,what does this indicate about credit card usage?

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A positive estimate would indicate that females are more likely to use a credit card.

Create a pivot table that illustrates something meaningful about the variables in the accompanying table.

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The pivot table will vary.Below is an example:
Female
Sum of Amount Spent
Sum of Credit Card
0
321
2
1
1829
3
Grand Total
2150
5

Which methodology is used to group products that customers purchase together?

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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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A facts table has:

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Data mining is used to examine known,expected patterns and relationships among variables.

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The higher the "score" for a particular member in logistic regression,the:

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The testing set in data partitioning is:

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What does the pivot table indicate about spending habits?

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Segmentation is also known as clustering,and involves trying to group entities into similar clusters.

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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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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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The predicted value from a logistic regression will be:

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Suppose the odds of Team A winning are 5 to 1.Then,the odds ratio is:

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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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Clustering is considered a supervised data mining technique.

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In a facts table,a supermarket database is likely to have which item listed in rows?

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A data mart is typically smaller than a data warehouse.

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