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Lemur [1.5K]
4 years ago
8

2.1 Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised

or unsupervised learning. a. Deciding whether to issue a loan to an applicant based on demographic and financial data (with reference to a database of similar data on prior customers). b. In an online bookstore, making recommendations to customers concerning addi- tional items to buy based on the buying patterns in prior transactions. c. Identifying a network data packet as dangerous (virus, hacker attack) based on com- parison to other packets whose threat status is known. d. Identifying segments of similar customers. e. Predicting whether a company will go bankrupt based on comparing its financial data to those of similar bankrupt and nonbankrupt firms. f. Estimating the repair time required for an aircraft based on a trouble ticket. g. Automated sorting of mail by zip code scanning. h. Printing of custom discount coupons at the conclusion of a grocery store checkout based on what you just bought and what others have bought previously.
Business
1 answer:
Gelneren [198K]4 years ago
3 0

Answer:

Data Mining Techniques

Identification of whether the task required supervised or unsupervised learning:

a. supervised learning

b. supervised learning

c. supervised learning

d. supervised learning

e. supervised learning

f. unsupervised learning

g. unsupervised learning

h. supervised learning

Explanation:

There are supervised and unsupervised machine learning models.  In a supervised learning model, the algorithm evaluates a labeled dataset by comparing it with another dataset called the training data.  The purpose is to evaluate its accuracy on the training data. On the other hand, an unsupervised model uses the unlabeled dataset and tries to make sense of it by extracting non-existing features and patterns without the training dataset.

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Consider the market for mobile applications, smartphones, and conventional phones. For each pair, identify whether they are comp
oee [108]

Answer:

Mobile Applications and Smart Phones are Complements

Smart Phones and Conventional Phones are Substitutes

Mobile Applications and Conventional Phones are substitutes.

Explanation:

Complement goods are goods that can be used or consumed together. E.g. car and gas. A car would not work without gas. A rise in price of a good leads to a fall in demand of the complement good.

Subsituite goods rival one another in consumption. They can be used in place of another good.

A rise in price of a good leads to a rise in demand of the other good.

I hope my answer helps you

7 0
4 years ago
Midwest Life Insurance sells a life insurance policy to Thiago. Under the terms of the contract between Thiago and Midwest Life,
aliya0001 [1]

The party which is entitled to sue Midwest for its failure to honor the terms of the contract is Laurelei because she is the contract beneficiary.

Basically, the life assurance policy is a policy which promises to pay the beneficiary of the life assured a certain sum after the death of the life assured.

Here, the contract of assurance is valid because Thiago ensures continuous payment of his premium.

Thus, Laurelei who is a beneficiary to Thiago life assurance is entitled to the sum assured because she is included in the contract terms as a beneficiary since the inception of the contract.

Learn more about this here

<em>brainly.com/question/24332000</em>

3 0
3 years ago
29.What are some potential difficulties that you might encounter when doing business in the Chinese market?
saveliy_v [14]
Cultural Problem.
Adaptation and localization of Business.
Intellectual Property Right (IPR)
Logistics Challenge.
Build Trust.
Sales & Distribution.
Increasingly competitive market.
Fake marketing challenge.
5 0
3 years ago
A nation has a workforce of 500 workers. In every month, 10 workers leave jobs, and 10 different workers tind jobs However, ther
sp2606 [1]

Answer:

<u>Cyclical unemployment</u> is 0% as the unemployment is in equilibrium, so it is no recession or boom.

<u>Structural unemployment</u><u> </u>is 20/500=4% There workers are not able to find jobs which is possible with their skill sets, thus it is part of structural unemployment,

<u>Frictional unemployment</u> is 10/500=2% as there is a time lag in finding the job they want and this is due to that.

8 0
4 years ago
Read 2 more answers
Herb Huskie currently has an ROI of 16%, average operating assets of $1,500,000 and NOI of $240,000. The minimum required rate o
yanalaym [24]

Answer:

c. No, the new project would have a ROI of 12%

Explanation:

Given that

NOI from new project = $30,000

Investment for a new project = $250,000

Using residual income the Huskie make this investment is shown below:-

Lower than current = NOI from new project ÷ Average operating Assets or Investments

= $30,000 ÷ $250,000

= 12%

No, the new project would have a ROI of 12%

4 0
4 years ago
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