Question
You are trying to predict the total sales per customer based on demographic information (age, gender, etc.), psychographic information (value focused, health focused, etc.), and
You are trying to predict the total sales per customer based on demographic information (age, gender, etc.), psychographic information (value focused, health focused, etc.), and employment information (salary, job type, etc.). In total, your sample has 2 million customer observations and approximately 78 potential predictors of average sales. The problem is complex so you decide to try four different techniques to predict total sales.Below are the r square results.
TrainingValidationTestLinear0.40.390.38Gradient Boosting0.440.410.41Random Forest0.450.440.43Neural Network0.720.620.45
Which model would you choose as the best?
Select one:
a.Gradient Boosting
b.Linear
c.Neural Network
d.Random Forest
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started