-Specify whether each of the following activities is a predictive or descriptive analytics task. What type...

-Specify whether each of the following activities is a predictive or descriptive analytics task. What type of task (e.g., classification, regression, clustering, association rule mining, etc.) is it? a. Reporting total revenue of a product over a year in different branches to the CEO. b. Predicting the credit score of a customer using historical data. c. Predicting the outcome of flipping a coin. d. Partitioning students into similar groups based on their courses, programs, and demographic profile.

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Expert Solution

a. Reporting total revenue of a product over a year in different branches to the CEO.

Answer: This activity is a descriptive analytics task and the type of task is descriptive statistics in which the total revenue is calculated for different branches.

b. Predicting the credit score of a customer using historical data.

Answer: This activity is a predictive analytics task and the type of task is regression analysis in which we will make a predictive model for the credit score of a customer using historical data.

c. Predicting the outcome of flipping a coin.

Answer: This activity is a predictive analytics task and the type of task is classification in which the dependent variable will be head or tail.

d. Partitioning students into similar groups based on their courses, programs, and demographic profile.

Answer: This activity is a descriptive analytics task and the type of task is clustering in which different clusters are formed for a group of students based on their courses, programs, and demographic profile.

Good luck with your studies!!!

orchestra answered 1 year ago

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