Final ASSESSMENT WITH SOLUTIONS
,What type of problem is STEPWISE REGRESSION best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection and/or prediction from feature data - correct ans:e)
Variable selection and/or prediction from feature data
Stepwise regression starts with no factors and iteratively finds best new
factors
What type of problem is LASSO REGRESSION best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection and/or prediction from feature data - correct ans:e)
Variable selection and/or prediction from feature data
What type of problem is FRACTIONAL FACTORIAL DESIGN best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection and/or prediction from feature data - correct ans:c)
Experimental Design
What type of problem is SUPPORT VECTOR MACHINE best suited for?
a) Classification and/or prediction from feature data
, b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection - correct ans:a) Classification and/or prediction from
feature data
What type of problem is K-MEANS best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from feature data
e) Prediction from time-series data
e) Variable selection - correct ans:b) Clustering
What type of problem is EXPONENTIAL SMOOTHING best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from feature data
e) Prediction from time-series data
f) Variable selection - correct ans:e) Prediction from time-series data
What type of problem is GARCH best suited for?
a) Classification and/or prediction from feature data
b) Clustering
c) Experimental Design
d) Prediction from time-series data
,What type of problem is STEPWISE REGRESSION best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection and/or prediction from feature data - correct ans:e)
Variable selection and/or prediction from feature data
Stepwise regression starts with no factors and iteratively finds best new
factors
What type of problem is LASSO REGRESSION best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection and/or prediction from feature data - correct ans:e)
Variable selection and/or prediction from feature data
What type of problem is FRACTIONAL FACTORIAL DESIGN best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection and/or prediction from feature data - correct ans:c)
Experimental Design
What type of problem is SUPPORT VECTOR MACHINE best suited for?
a) Classification and/or prediction from feature data
, b) Clustering
c) Experimental Design
d) Prediction from time-series data
e) Variable selection - correct ans:a) Classification and/or prediction from
feature data
What type of problem is K-MEANS best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from feature data
e) Prediction from time-series data
e) Variable selection - correct ans:b) Clustering
What type of problem is EXPONENTIAL SMOOTHING best suited for?
a) Classification
b) Clustering
c) Experimental Design
d) Prediction from feature data
e) Prediction from time-series data
f) Variable selection - correct ans:e) Prediction from time-series data
What type of problem is GARCH best suited for?
a) Classification and/or prediction from feature data
b) Clustering
c) Experimental Design
d) Prediction from time-series data
