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UPDATED ISYE6501 Final EXAM QUESTIONS AND ANSWERS 2022-2024/ISYE 6501 FINAL EXAM LATEST UPDATE 2024

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What do descriptive questions ask? - ANSWER-- What happened? (e.g., which customers are most alike) What do predictive questions ask? - ANSWER-- What will happen? (e.g., what will Google's stock price be?) What do prescriptive questions ask? - ANSWER-- What action(s) would be best? (e.g., where to put traffic lights) What is a model? - ANSWER-- Real-life situation expressed as math. What do classifiers help you do? - ANSWER-- differentiate What is a soft classifier and when is it used? ...

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LATEST ISYE 6501 Spring '23 Exam 1 QUESTIONS WITH 100% SOLUTIONS 2024

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What is modeling? - ANSWER Describing a real-life situation mathematically, analyzing the math and then turning the math back into a real-life situation. What is a data point? - ANSWER A row of data. All of the information about one observation. What are some (4) names for columns of data? - ANSWER Attributes, features, covariates, predictors Name some common types of structured data (5) - ANSWER Quantitative, categorical, binary, unrelated, time series What is binary data? - ANSWER A su...

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2024 ISYE 6501 Midterm EXAM QUESTIONS WITH 100% SOLUTIONS

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What does SVM stand for? - ANSWER Support Vector Machine Is written text structured or unstructured? - ANSWER Unstructured When we increase the sum of the square of the coefficients we... - ANSWER Decrease the distance between the lines In SVM soft classifier we tradeoff between maximizing ___ and minimizing ___ - ANSWER margin and errors If lambda gets small what gets emphasized, large margin or minimizing training error?, - ANSWER Minimizing errors. What is a support vector? - ANSWER A...

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UPDATED ISYE 6501 Midterm 1 EXAM QUESTIONS WITH 100% SOLUTIONS LATEST 2024

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True or false: In a regression tree, every leaf of the tree has a different regression model that might use different attributes, have different coefficients, etc. - ANSWER True - Each leaf's individual model is tailored to the subset of data points that follow all of the branches leading to the leaf. True or false: Tree-based approaches can be used for other models besides regression. - ANSWER True - For example, a classification tree might have a different SVM or KNN model at each lea...

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UPDATED Isye 6501 Final exam Revised 2023//2024

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1-norm - ANSWER Similar to rectilinear distance; measures the straight-line length of a vector from the origin. If z=(z1,z2,...,zm) is a vector in an m-dimensional space, then it's 1-norm is square root(|

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ISYE 6501 EXAM QUESTIONS WITH 100% SOLUTIONS 2024

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Support Vector Machine(SVM) is a supervised machine learning algorithm used for? - ANSWER Classification How to split the data if we only have one model? - ANSWER 70% training data, 30% testing data How to split the data if we want to compare models? - ANSWER 70% training, 15% validation and 15% testing When do we need to do scaling in data? - ANSWER When our factors/attributes/dimensions are orders of magnitude different such as income vs. credit score (income is much much larger) Whic...

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LATEST ISYE 6501 Exam 2 QUESTIONS WITH 100% VERIFIED SOLUTIONS LATEST UPDATE 2024

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What are some of the consequences of outliers in k-means? - ANSWER It will drag the cluster center artificially to one side Because k-means is a heuristic and thus fast what can we do? - ANSWER run it several times choosing different clusters centers and choose the best one and we can choose different values of k How does bias/variance change as k changes in KNN? - ANSWER the higher the k, the higher the bias; the lower the k, the higher the variance. when k = 1, that is the most complex...

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LATEST ISYE 6501 -Exam 2 QUESTIONS WITH 100% VERIFIED SOLUTIONS LATEST UPDATE 2024

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Building simpler models with fewer factors helps avoid which problems? A. Overfitting B. Low prediction quality C. Bias in the most important factors D. Difficulty in interpretation - ANSWER A. Overfitting D. Difficulty of interpretation Two main reasons to limit # of factors in a model. - ANSWER 1. Overfitting 2. Simplicity When is overfitting likely to happen? - ANSWER When the number of factors is close to the number of data points. How does using a # of factors that is close to the...

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