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Please use EXCEL to do this : Final Studying Hours Allocation: You are preparing for the final exam, but the demands of your job are
Please use EXCEL to do this :
Final Studying Hours Allocation: You are preparing for the final exam, but the demands of your
job are consuming a significant amount of your time. You currently have only hours left for
focused study to prepare for the final. In order to study effectively, you have developed a multiple
linear regression model that relates the hours spent studying for specific topics: classification trees
and ensemble forecasting E clustering C and prescriptive analytics P to the improvement in
your final grade. Your model is represented by the equation:
Y E C P
Where Y represent your final exam grade.
In addition to your individual study plan, there is a review session scheduled for Thursday.
However, attending this session will require a total of hours, accounting for both commuting and
class time. If you choose to attend, the dynamics of your study model change, and the new
multiple linear regression model becomes:
Y E C P
The section of the exam related to classification trees and ensemble forecasting is worth points,
while the sections on clustering and prescriptive analytics are each worth points.
Your challenge is to strategically allocate your remaining time to these topics to maximize your
final grade.
How would you distribute your time? use the numbers that excel gave you to answer this
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