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ISYE 6501 FINAL | ALL POSSIBLE QUESTIONS AND ANSWERS | 2026 UPDATE | WITH COMPLETE SOLUTIONS.

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ISYE 6501 FINAL | ALL POSSIBLE QUESTIONS AND ANSWERS | 2026 UPDATE | WITH COMPLETE SOLUTIONS.

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ISYE 6501 FINAL | ALL POSSIBLE QUESTIONS AND ANSWERS | 2026 UPDATE |
WITH COMPLETE SOLUTIONS.




Correct 92

Incorrect 0




1 of 92

Definition



Evaluates alternate strategies when outcome depends not only on
each entities strategy but also that of others.



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Interactionist theory Rational choice theory




Self-perception theory Game theory


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2 of 92

Term

,Variables, constraints and objective function for optimization for elastic
net



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variables = a0,a1,...am (coefficients)
constraints = restrict the sum of the squares of the variables
objective function = minimize the squared error in the model estimates




variable selection; classical
Combination of forward selection and backwards elimination. Start with all or no
factors. Each step remove/add a factor. As it continues, after adding in new factor
we eliminate right away any factors that may be good. Helps model adjust when
new factors are added, goodness values change




variables = a0,a1,...am (coefficients)
constraints = combines the 2 terms into 1 (restrict sum and sum of squares of
variables)
objective function = minimize the squared error in the model estimates




variables = a0,a1,...am (coefficients)
constraints = each data point has to be correctly classified
objective function = maximize the distance (or margin) between the support
vectors


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3 of 92

,Definition



- probability-based model used to make a comparison
- connect smaller amounts of information to find larger
ones
- memoryless
- good for ranking
- urban spraw

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Markov chain model LASSO




Mann-Whitney test Non-zero sum games


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4 of 92

Term



Stochastic simulation



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system is deterministic, so no system includes randomness, so
variation occurs variation will occur

, system excludes randomness, so system includes fixed variables, so
results are constant outcomes are predictable
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5 of 92

Definition



Use the same random numbers when possible...so that each replication
uses the same random numbers - which method is better, and how
often.



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Regression test for simulation Non-parametric test for
accuracy simulations' replications



Parametric test for simulations'
Statistical test for variable analysis
replications


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