Question 1

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.

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

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.

Accepted Answer

A) True 
 B)False

Question 5

List and explain several examples of AutoML applications in marketing.

Accepted Answer

The answer of List and explain several examples of AutoML...

Question 6

Which of the following is true of AutoML?

Accepted Answer

A)  AutoML capabilities cannot be easily extended to populations beyond traditional data scientists, particularly in medium- and smaller-sized businesses. 
B)  AutoML is mainly an unsupervised approach that employs the traditional, manual approach of standard machine learning. 
C)  The AutoML platform is typically capable of analytical discovery of relationships actually present in the dataset. 
D)  AutoML, if implemented precisely, can replace human analytical expertise.

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

The answer of Explain how some companies are using AutoML...

Question 9

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

Accepted Answer

The answer of List the questions that need to be...

Question 10

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

Accepted Answer

The answer of Describe how Sumitomo Mitsui Card Company (SMCC)...

Question 11

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

Accepted Answer

The answer of How did Blue Health Intelligence (BHI) benefit...

Question 12

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

Accepted Answer

A)  extracting new insights from data. 
B)  boosting noise and bias. 
C)  reducing error in the model. 
D)  calculating the sum of predictions from multiple models.

Question 13

Identify a true statement about an unsupervised model.

Accepted Answer

A)  An unsupervised model includes techniques that require a defined outcome measure. 
B)  An unsupervised model provides an answer key the algorithm can use to evaluate its training data accuracy. 
C)  Unsupervised learning enables the collection of data or a data output from a previous calculation. 
D)  An unsupervised model has no target variable.

Question 14

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

Accepted Answer

A)  recommending models, preparing data, building models, creating ensemble models 
B)  building models, creating ensemble models, recommending models, preparing data 
C)  creating ensemble models, preparing data, recommending models, building models 
D)  preparing data, building models, creating ensemble models, recommending models

Question 15

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

Accepted Answer

The answer of Explain in detail the process of creating...

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

The answer of Describe how URBN, a portfolio of apparel...

Question 18

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

Accepted Answer

The answer of What are practitioner Elpida Ormanidou's views on...

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Describe how Disney adopted AutoML to improve overall customer experience.

Accepted Answer

The answer of Describe how Disney adopted AutoML to improve...

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.