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ISYE 6501 - Final Prep - Midterm 1 and 2 Review Latest Update Already Passed

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ISYE 6501 - Final Prep - Midterm 1 and 2 Review Latest Update Already Passed Types of classification models Correct Answer-KNN SVM Types of Clustering Models Correct Answer-K-Means Clustering Types of Response Predi ...

ISYE 6501 - Final Prep - Midterm 1 and 2 Review Latest Update Already Passed Types of classification models Correct Answer-KNN SVM Types of Clustering Models Correct Answer-K-Means Clustering Types of Response Prediction Models Correct Answer-ARIMA CART Exponential Smoothing Linear Regression Logistic Regression ISYE 6501 - Final Prep - Midterm 1 and 2 Review Latest Update Already Passed ISYE 6501 - Final Prep - Midterm 1 and 2 Review Latest Update Already Passed ISYE 6501 - Final Prep - Midterm 1 and 2 ISYE 6501 - Final Prep - Midterm 1 and 2 Review Latest Update Already Passed Types of classification models Correct Answer-KNN SVM Types of Clustering Models Correct Answer-K-Means Clustering Types of Response Prediction Models Correct Answer-ARIMA CART Exponential Smoothing Linear Regression Logistic Regression Types of classification models Correct Answer-KNN SVM Types of Clustering Models Correct Answer-K-Means Clustering Types of Response Prediction Models Correct Answer-ARIMA CART Exponential Smoothing Linear Regression Logistic Regression Random Forest Types of Validation Method Correct Answer-Cross Validation Types of Variation Estimate Models Correct Answer-GARCH Models that use Time Series Data Correct Answer-ARIMA CUSUM GARCH Exponential Smoothing Do models tend to perform better or worse on test sets? Correct Answer-Worse, because models are fit to the training data so they'll likely perform worse on the test set. How are margins defined in SVMs? Correct Answer-The length of the distance to the closest point (e.g., if points lie closer to the separation plane then the margin is narrower)What will happen if you need to move the margin of an SVM? Correct Answer-The model will perform worse on training and test data. This is done when the cost of misclassifying something may be sever (e.g., misclassifying poisonous mushroom as safe) What happens if multiple models have similar R^2? Correct Answer-They'll all perform similarly on test data (I think?)

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