ISYE 6501 Midte Study guides, Class notes & Summaries

ISYE-6501 Midterm Exam QUESTIONS & CORRECT ANSWERS What is modeling? A real life situation expressed as math. What is a classification model? A model that puts things into categories. e.g. a loan applicant classification with a SVM splitting people into 2 buckets - yes and no. What is a data point? A 'row' of data essentially. It is not just one attribute (column) on a row of data. What is Quantitative Data numbers that have meaning What is Categorical Data Non-numeric informa...

ISYE 6501 - Midterm 2 EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% LATEST UPDATE When might overfitting occur - ANSWER when the # of factors is close to or larger than the # of data points causing the model to potentially fit too closely to random effects Why are simple models better than complex ones - ANSWER less data is required; less chance of insignificant factors and easier to interpret What is forward selection - ANSWER we select the best new factor and see if it's good ...

ISYE 6501 Midterm 1 QUESTIONS CORRECTLY ANSWERED LATEST UPDATE Support Vector Machine(SVM) is a supervised machine learning algorithm used for? - ANSWER Classification How to split the data if we only have one model? - ANSWER 70% training data, 30% testing data How to split the data if we want to compare models? - ANSWER 70% training, 15% validation and 15% testing When do we need to do scaling in data? - ANSWER When our factors/attributes/dimensions are orders of magnitude differe...

ISYE 6501 - Midterm 2 EXAM QUESTIONS WITH VERIFIED SOLUTIONS 100% LATEST UPDATE When might overfitting occur - ANSWER when the # of factors is close to or larger than the # of data points causing the model to potentially fit too closely to random effects Why are simple models better than complex ones - ANSWER less data is required; less chance of insignificant factors and easier to interpret What is forward selection - ANSWER we select the best new factor and see if it's good ...