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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
It costs the company $200,000 to bill all its customers. Assume that the company can earn interest at a rate of 20% per year on all revenues. Determine how often the newspaper should bill its customers.
What is the labor productivity per labor-hour for these tires at Upton Manufacturing and what is the multifactor productivity for these tires at Upton Manufacturing?
What is your reaction to George Gerbner's theory of the "Mean World Syndrome?" identify any real world situations you've experienced that would support his theories?
describe how, as a construction manager, you will coordinate with the different primary players for timely completion of the construction project.
What process types is Unilever expert in? What other process types might it also use?
It normally relies on departmental forecast and preregistration records to determine how many copies of a text are needed. Preregistration show 90 operations management students enrolled.
What is the probability of completing this project within 16days?
calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project.
Who originally owned the rights to the computer Steve Wozniak made, and why did they not take advantage of it?
Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annually carrying costs are $75 per bag. What is the average number of bags on hand?
Discuss the role of strategic leadership in the strategic management process. Discuss people- and task-oriented techniques for overcoming resistance to change.
Based on GM's current condition, do you think it is ethical to reduce the number of employees? What responsibility does GM have towards its employees? Does GM have the same responsibility to the employees of its suppliers?
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