MIS2502: Exam 3 Study Guide, MIS 2502 FINAl, MIS2502 Final Exam Questions & 100% correct Answers- Latest Test | Graded A+ | Passed
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Course
MIS2502
Institution
MIS2502
Explain Clustering, one of the three advanced data analytics techniques we covered in the course
Ξ -:- The process of grouping data so that
observations within a group will be similar to one another and observations from different groups
will be dissimilar
Explain Decision Trees, one of the t...
E x c e l l e n c e i s k e y | 2 0 2 0 2 5 ~ P a g e |1
MIS2502: Exam 3 Study Guide, MIS 2502
FINAl, MIS2502 Final Exam Questions &
100% correct Answers- Latest Test |
Graded A+ | Passed
Explain Clustering, one of the three advanced data analytics techniques we covered in the course
Ξ -:- The process of grouping data so that
observations within a group will be similar to one another and observations from different groups
will be dissimilar
Explain Decision Trees, one of the three advanced data analytics techniques we covered in the
course
Ξ -:- A model to determine membership of cases or values
of a outcome variable based on one or more
predictor variables
Explain Association Rules, one of the three advanced data analytics techniques we covered in the
course
Ξ -:- Find out which items
predict the occurrence of
other items
What kinds of problems can Clustering solve through Data Mining and Advanced Data Analytics
Techniques? Provide a business-oriented example.
Ξ -:- marketing, industry analysis, political forecasting, biology, finance. e.g.:
Walmart's customer segmentation of Value-Price Shoppers, Brand Aspirationals, and Price-
Sensitive Affluents
What kinds of problems can Decision Trees solve through Data Mining and Advanced Data
Analytics Techniques? Provide a business-oriented example.
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