Package deal FOR ISYE 6501 MIDTERM 1 COMPLETE EXAM WITH UPGRADED QUESTIONS AND ANSWERS

Factor Based Models - CORRECT ANSWER-classification, clustering, regression. Implicitly assumed that we have a lot of factors in the final model Why limit number of factors in a model? 2 reasons - CORRECT ANSWER-overfitting: when # of factors is close to or larger than # of data points. Model m...

Matching models/methods to categories - CORRECT ANSWER-(cusum and pca = NONE) Select all of the following models that are designed for use with attribute/feature data (i.e., not time-series data): - CORRECT ANSWER-k-nearest-neighbor, PCA, k-means, logistic regression, linear regression, rando...

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(|

Rows - CORRECT ANSWER-Data points are values in data tables Columns - CORRECT ANSWER-The 'answer' for each data point (response/outcome) Structured Data - CORRECT ANSWER-Quantitative, Categorical, Binary, Unrelated, Time Series Unstructured Data - CORRECT ANSWER-Text Support Vector Model - C...

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 b...

Support Vector Machine - CORRECT ANSWER-A supervised learning, classification model. Uses extremes, or identified points in the data from which margin vectors are placed against. The hyperplane between these vectors is the classifier SVM Pros/Cons - CORRECT ANSWER-Pros: It works really well wit...

What does SVM stand for? -CORRECT ANSWER-Support Vector Machine Is written text structured or unstructured? -CORRECT ANSWER-Unstructured When we increase the sum of the square of the coefficients we... -CORRECT ANSWER-Decrease the distance between the lines In SVM soft classifier we tradeoff be...

True or false: In a regression tree, every leaf of the tree has a different regression model that might use different attributes, have different coefficients, etc. - CORRECT ANSWER-True - Each leaf's individual model is tailored to the subset of data points that follow all of the branches le...