FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Discuss what measurement scales used in data analytic models and give examples. What are the differences between prescriptive and descriptive data mining methods and give

  • Discuss what measurement scales used in data analytic models and give examples.
  • What are the differences between prescriptive and descriptive data mining methods and give examples?
  • Explain at least one data sampling technique and give example.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Measurement Scales in Data Analytics Nominal Scale Represents categories with no inherent order or ranking Examples include gender male female colors ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management

Management

Authors: Ricky W. Griffin

11th edition

111196971X, 978-1111969714

More Books

Students also viewed these Finance questions

Question

★★★★★
Consider the following context-free grammar of expressions E ::= n | (E, E) where n ranges over integers. (a) Present a right-most derivation of the expression ((21, 18), 17). [2 marks] (b) List the...

Answered: 1 week ago

Question

★★★★★
Dissertation Topic: "The Effects of Cybersecurity Measures on the Productivity and Well-being of Teleworkers in the Healthcare Industry". Introduction Draft no more than TWO paragraphs here -...

Answered: 1 week ago

Question

★★★★★
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...

Answered: 1 week ago

Question

★★★★★
The following data show the curb weight, horsepower, and -mile speed for 16 popular sports and GT cars. Suppose that the price of each sports and GT car is also available. The complete data set is as...

Answered: 1 week ago

Question

★★★★★
Consider the fission of 238U by fast neutrons. In one fission event, no neutrons are emitted and the final stable end products, after the beta decay of the primary fission fragments, are 140Ce and...

Answered: 1 week ago

Question

★★★★★
6. Draw a diagram of the first three steps of the accounting cycle.

Answered: 1 week ago

Question

★★★★★
Do you like to get an early start to your day, even on weekends? Yes No

Answered: 1 week ago

Question

★★★★★
Olney Cleaning Company had the following items that require adjustment at year-end. a. For one cleaning contract, $14,000 cash was received in advance. The cash was credited to unearned revenue upon...

Answered: 1 week ago

Question

★★★★★
(2) We have an unfair dice with probabilities P={1/12, 1/12, 1/6, 1/12, 1/12, 1/2} for the events S={1,2,3,4,5,6} respectively. Generate an outcome from S through a computer program that satisfies...

Answered: 1 week ago

Question

★★★★★
.1 Exploring Matrix Multiplication The table shows the first two test scores for Anna, Bruce, Chris, and David. Use the table to create a 4x2 matrix M to represent the data. This is Project 2.1 in...

Answered: 1 week ago

Question

★★★★★
1. What's the duration of a 30-year zero coupon bond? 2. Identify at least three different kinds of fixed-income securities, and the pros and cons of each from both the firm's perspective as well as...

Answered: 1 week ago

Question

★★★★★
Dan owned a farm. Most of his products are being supplied to different restaurants. Products include cow's milk, chicken egg, meat (chicken, pork, and beef). On the side, they also sell carrots,...

Answered: 1 week ago

Question

★★★★★
Task 1: A. Describe the operation of the following thermodynamic systems and their properties: (i) System (ii) Surroundings (iii) Open System (iv) Close System (v) Isolated System B. A large fraction...

Answered: 1 week ago

Question

★★★★★
3. (10 points) In this question you will see that soft-SVM can be formulated as solving a regularized ERM rule, which uses a popular error function called hinge loss (see https:...

Answered: 1 week ago

Question

★★★★★
Suppose that Ivanhoe International Ltd. had the following records: 2025 2024 Ending inventory $48650 $27490 Cost of goods sold 222100 210890 What is Ivanhoe's average days in inventory for 2025?...

Answered: 1 week ago

Question

★★★★★
1 . If Custom Call Services does transition to a PTO policy, what are some things that Stan should consider including in the policy to address concerns about absenteeism ?

Answered: 1 week ago

Question

★★★★★
what is the growth rate? The stock price or Baskett Co. is $53.50. Investors require a return of 13 percent on similar stocks. If the company plans to pay a dividend of $3.40 next year, what growth...

Answered: 1 week ago

Question

★★★★★
Calculate the electrical conductivity of a fiber-reinforced polyethylene part that is reinforced with 20 vol % of continuous, aligned nickel fibers.

Answered: 1 week ago

Question

★★★★★
Describe the organizational structure that results from each of the different bases of departmentalization. What implications does each of these structures have with regard to the distribution of...

Answered: 1 week ago

Question

★★★★★
The U.S. automotive industry is well established, with several large and many small competitors. Describe the unexploited niches in the U.S. auto industry and tell how entrepreneurs could offer...

Answered: 1 week ago

Question

★★★★★
If you use Facebook (or any other social networking site), which of its features are most attractive to you? If you dont use any social networking site, what features are most likely to cause you to...

Answered: 1 week ago

Question

★★★★★
Refer to the Real Estate data, which report information on homes sold in the Goodyear, Arizona, area during the last year. a. Develop a 95% confidence interval for the mean selling price of the...

Answered: 1 week ago

Question

★★★★★
The mean amount purchased by a typical customer at Churchills Grocery Store is $23.50, with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal...

Answered: 1 week ago

Question

★★★★★
The Appliance Center has six sales representatives at its North Jacksonville outlet. Listed below is the number of refrigerators sold by each last month. a. How many samples of size 2 are possible?...

Answered: 1 week ago

Previous Question Next Question