In statistics, maximum-likelihood estimation (MLE) is a method of estimating the parameters of a statistical model. When applied to a data set and given a statistical model, maximum-likelihood estimation provides estimates for the model's parameters and the normalizing constant usually ignored in MLEs because
Answer : D
Which of the following question statement falls under data science category?
Answer : D, E
In which of the following scenario we can use naTve Bayes theorem for classification
Answer : A, B, C
Refer to Exhibit
In the exhibit, the x-axis represents the derived probability of a borrower defaulting on a loan. Also in the exhibit, the pink represents borrowers that are known to have not defaulted on their loan, and the blue represents borrowers that are known to have defaulted on their loan. Which analytical method could produce the probabilities needed to build this exhibit?
Answer : B
Let's say you have two cases as below for the movie ratings
1. You recommend to a user a movie with four stars and he really doesn't like it and he'd rate it two stars
2. You recommend a movie with three stars but the user loves it (he'd rate it five stars). So which statement correctly applies?
Answer : A
Select the choice where Regression algorithms are not best fit
Answer : D
You have used k-means clustering to classify behavior of 100, 000 customers for a retail store. You decide to use household income, age, gender and yearly purchase amount as measures. You have chosen to use 8 clusters and notice that 2 clusters only have 3 customers assigned. What should you do?
Answer : C