Explain about genetic algorithms

Assignment Help Microeconomics
Reference no: EM131296843

The following are the data analysis techniques:

1. Machine learning

2. Genetic algorithms

3. Regression analysis

4. Classification tree analysis

5. Association rule learning

6. Sentiment analysis

7. Social network analysis

Machine learning is a method used to give a computer ability to learn using a specific software without necessarily programmed.

Genetic algorithms are mostly inspired by the way evolution works.

Regression analysis involves manipulating independent variables it works best with continuous quantitative data such as age, weight or speed

The healthcare industry over the years has been producing large amount of data, which has to be preserved for future use for the benefit of the patient care and regulatory requirements. Over the years most of the data was stored in hard copy but the current trend is to digitalize the data for improving the quality and reducing the cost. One of the data analysis include the clinical data from CPOE and the clinical decision support system, example of this are doctor's prescription, insurance, medical imaging etc. The other one is the digitalized patient record form and example of this is the sensor data. Social media being one of trending and popular for networking globally it is one of the platforms for analyzing data through Facebook post and status updates, through tweets on tweeter, blogs and web pages. Lastly is the patient information and that is emergency data. Analyzing data in the health care industry plays a very big role in improving service delivery, lowering the cost and saving lives.

Reference no: EM131296843

Questions Cloud

Various types of evaluation methods : List and describe the various types of evaluation methods (including 360-degree evaluations) that can be used to appraise the performance of an employee. Who would be responsible for providing information for each of these methods?
What factors would you consider in your forecast : If rent control policies are in place that keep rent below the market price determined by supply and demand, will there be a shortage or a surplus of apartments?
Would the business performance of chc be more exposed : Would the business performance of CHC be more exposed to economic growth in the United States as a whole or to economic growth in the local area? Why?
Formal planning process : In the video Overview of the Strategic Planning Process, Erica Olsen illustrates the key steps that should be applied in the formal planning process. Imagine you and a peer have recently opened a new consulting firm that offers advice on technolog..
Explain about genetic algorithms : Machine learning is a method used to give a computer ability to learn using a specific software without necessarily programmed - Genetic algorithms are mostly inspired by the way evolution works.
Would chcs business performance be more exposed : Would CHC's business performance be more exposed to inflation in the United States as a whole or in the local area?
Caught and confesses to the crime : It appears the student (your school's star athlete) is using their cell phone to get information to answer the questions. What would you do, if anything? Why? If he is caught and confesses to the "crime", what should the discipline be?
Is manufacturing firm more exposed : A health club differs from manufacturing firms in that it produces a service rather than products.- Is this manufacturing firm more exposed than CHC to the overall economic conditions in the United States?
The capital asset pricing model shows the : The Capital Asset Pricing Model shows the

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd