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Question - Campaign organizers for both the Republican and Democrat parties are interested in identifying individual undecided voters who would consider voting for their party in an upcoming election. The file Blue Or Red contains data on a sample of voters with tracked variables including: whether or not they are undecided regarding their candidate preference, age, whether they own a home, gender, marital status, household size, income, years of education, and whether they attend church. Create a standard partition of the data with all the tracked variables and 50% of observations in the training set, 30% in the validation set, and 20% in the test set. Classify the data using k Nearest Neighbors with up to k = 10. Use Age, Home Owner, Female, Household Size, Income, Education, and Church as input variables and Undecided as the output variable. In Step 2 of XL Miner's k-Nearest Neighbors Classification procedure, be sure to Normalize Input Data, Score on best k between 1 and specified value, and assign prior class probabilities According to relative occurrences in training data. A. For k = 1, what is the overall error rate on the training set and the validation set, respectively? Explain the differ.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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