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1) A classification model's misclassification rate on the validation set is a better measure of the model's predictive ability on new data than its misclassification rate on the training set.( true or false? why?)
2) When selecting among competing prediction models, you need to trade off the model fit against model bias with an independent validation data sample.( true or false? why?)
3) Which of the following tasks can you perform using the Explore window in SAS Enterprise Miner?
a. Examine a table of the values of each variable in your data source.b. View a scatter plot, bar chart, or pie chart of the values in your data source.c. Use histograms to visually explore relationships between the variables in your data source.d. All of the above
In both Europe and North America, established airlines are desperately cutting costs in order to compete with the increasing number of budget airlines.
To provide much of the feed for the livestock, John wants to plant at least 1 acre of corn for each cow in the coming year's herd and at least 0.05 acre of wheat for each hen in the coming year's flock.
Profits are 40 cents for a box of Deluxe crackers also 50 cents for a box of Classic crackers. Elucidate what is daily profit when producing optimal amounts.
Evaluating strategies on a continuous rather than a periodic basis is desired. Discuss the pros and cons of this statement
Determine optimal use of Applichem's plant capacity using solver in excel. Illustrate what would you recommend which Applichem management do.
Explain how will Bunny wac's structure likely need to change if it does begin developing its core battery technologies in-house.
Discuss the principal reasons why project management has become such a popular business tool in recent years.
how many pounds of each chemical ingredient to put into a bag of fertilizer to meet minimum requirements of 20 ounces of nitrogen, 36 ounces of phosphate also 2 ounces of potassium while minimizing cost.
What factors might inhibit HRD managers from developing a strategic planning approach to training? How might these factors be overcome?
Suppose Jim is interested in ensuring that the company immediately satisfies all employee salary requirements with a 95% probability. What is the corresponding order-up-to level?
In which of the following market structures would X-inefficiency be most likely to exist?
In a situation where the employee contingency of skill and experience is low, according to path-goal theory the best leadership style would be
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