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Please describe in detail what type of modelling technique ( s ) you would use for the following problems. Class of Model: Supervised vs .
Please describe in detail what type of modelling techniques you would use for the following problems.
Class of Model: Supervised vs Unsupervised,
Type of Model: Classification, Prediction, Segmentation, etc.,
Modeling Technique: Regression, Decision Tree, TimeSeries, etc.
Please suggest at least two modeling techniques in each case and explain why you selected these techniques. Points
a A data set that contains financial information for a NonProfit company. The management wants to forecast Donor Revenue for the next years. Historical Monthly Donor Revenue data is available for the last years.
b You are given a data set of macroeconomic indicators for US by state for the year You are asked to build a model that will help explain and at the same time estimate future consumption volumes by state utilizing other macroeconomic indicators Interest Rates, Disposable Income, Money Supply and US Dollar Exchange Rates
c A data set that contains fraud cases YesNo with multiple attributes on type of transactions for a commercial bank. The bank wants to be able to have a model that will help identify future fraudulent transactions.
d A data set of loan applications for a regional bank. The data set includes the list of customers applied, each customers loan status AcceptedDenied and a series of demographic and behavioral attributes on all the customers. The company wants to run a campaign to attract new applicants and determine who they should be targeting.
e A data set for Furniture Manufacturing Companies with detailed information on their sales, costs, profitability, number of customers, number of furniture categories, and shipping methods. You are working for a company that produces and sells plywood to these companies and you were asked to develop a marketing strategy to target these Furniture Manufacturing Companies.
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