Mist 6360 - Study guides, Class notes & Summaries

MIST 6360 Final Exam Questions and Answers

MIST 6360 Final Exam Correct Questions and Answers! Data Science - ANSWER interdisciplinary field about scientific methods, processes, and systems to extract knowledge or insights from data in various forms, either structured or unstructured 3 Analytical Approaches to Predictive Analytics - ANSWER Statistics, Artificial Intelligence, Machine Learning Statistics - ANSWER the foundation for predictive analytics -- the building blocks Ex: regression, factor & cluster analysis Artific...

MIST 6360 Questions and Correct Solutions 2024 Management Science and Operations Research - Answer -Focuses on using mathematics to aid in problem solving and decision making, INFORMS serves practitioners Decision Support Systems - Answer -First computer applications in business to specifically support decision making, interacts with data and models in order to generate needed information. Supported by Decision Sciences Institute Data Warehouse - Answer -A central repository for data from...

MIST 6360 Final Exam Questions and Answers

MIST 6360 Final Exam Questions and Answers

MIST 6360 Final Exam Questions and Answers

MIST 6360 Final Exam Questions and Answers

Data Science - ANSWER interdisciplinary field about scientific methods, processes, and systems to extract knowledge or insights from data in various forms, either structured or unstructured 3 Analytical Approaches to Predictive Analytics - ANSWER Statistics, Artificial Intelligence, Machine Learning Statistics - ANSWER the foundation for predictive analytics -- the building blocks Ex: regression, factor & cluster analysis Artificial Intelligence - ANSWER uses heuristics- "rules of t...

Associations - Answer-identifies occurrences that are linked to a single event like market basket analysis Sequences - Answer-identifies events that are linked over time Classification - Answer-recognizes patters that describe the group to which an item belongs like a customer who is likely to leave clustering - Answer-discovers different groupings within the data like market segmentation supervised model - Answer-categories for output variable are defined in advance unsupervised ...