1.Which one IS NOT a sample of classification problem?
3 points
To predict whether a customer switches to another provider/brand.
To predict the amount of money a customer will spend in one year.
To predict whether a customer responds to a particular advertising campaign or not.
2.Which of the following statements are TRUE about Logistic Regression? (select all that apply)
3 points
Logistic regression can be used both for binary classification and multi-class classification
Logistic regression is analogous to linear regression but takes a categorical/discrete target field instead of a numeric one.
In logistic regression, the dependent variable is binary.
3.Which of the following examples is/are a sample application of Logistic Regression? (select all that apply)
3 points
The probability that a person has a heart attack within a specified time period using person’s age and sex.
Customer’s propensity to purchase a product or halt a subscription in marketing applications.
Likelihood of a homeowner defaulting on a mortgage.
Estimating the blood pressure of a patient based on her symptoms and biographical data.
4.Which one is TRUE about the kNN algorithm?
3 points
kNN is a classification algorithm that takes a bunch of unlabelled points and uses them to learn how to label other points.
kNN algorithm can be used to estimate values for a continuous target.
5.What is “information gain” in decision trees?
3 points
It is the information that can decrease the level of certainty after splitting in each node.
It is the entropy of a tree before split minus weighted entropy after split by an attribute.
It is the amount of information disorder, or the amount of randomness in each node.
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