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Udemy CAP

QuestionAnswer
Cross-Validation helps determine the model's ability to generalize to unseen data
Descriptive models best for identifying key trends and patterns in historical data.
Diagnostic models analyze the effectiveness of new strategies by understanding past outcomes and performance
confusion matrix is used to evaluate the performance of classification models by showing true and false positives/negatives
Defining the scope helps avoid scope creep and keeps the project manageable
Implementing data access controls ensures data integrity in a database
No autocorrelation residuals are independent of each other
Pearson correlation evaluates the relationship between two continuous variables
Breusch-Pagan test is used to detect heteroscedasticity in regression models
data inventory in inquiring data lists potential data sources
Overfitting indicates that the model performs well on training data but poorly on new, unseen data
Linearity implies that residuals should be independent of the independent variable
Why is it important to include both qualitative and quantitative aspects in a problem statement? To ensure comprehensive understanding
What should be the focus when defining a business problem for analytics? Business outcomes
Model bias refers to the model's tendency to overfit or underfit, impacting its generalization ability
Cleaning the data is a typical preparation step before analysis
Created by: ijadajackson
 

 



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