Exam 9: Predictive Data Mining

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______________ involves descriptive statistics, data visualization, and clustering.

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The percent of misclassified records out of the total records in the validation data is known as the

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Applying descriptive statistics and data visualization to the training set to understand the data and assist in the selection of an appropriate technique is a part of

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A _____ classifies a categorical outcome variable by splitting observations into groups via a sequence of hierarchical rules.

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____________ is a category of data-mining techniques in which an algorithm learns how to predict or classify an outcome variable of interest.

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____________is a method of extracting data relevant to the business problem under consideration. It is the first step in the Data Mining process.

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Misclassifying an actual ______ observation as a(n) ______ observation is known as a false positive.

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Test set is the data set used to

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_______compares the number of actual Class 1 observations identified if considered in decreasing order of their estimated probability if randomly selected.

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An observation classified as part of a group with a characteristic when it actually does not have the characteristic is termed as a(n)

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Given the following classification confusion matrix, what is the accuracy? ​ Classification Confusion Matrix Predicted Class Actual Class 1 0 1 224 85 0 28 3,258 ​ ​

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Separate error rates with respect to the false negative and false positive cases are computed to take into account the

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_____ refers to the scenario in which the analyst builds a model that does a great job of explaining the sample of data on which it is based but fails to accurately predict outside the sample data.

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Given the following classification confusion matrix, what is the overall error rate? Classification Confusion Matrix Predicted Class Actual Class 1 0 1 224 85 0 28 3,258 ​ ​ ​

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___________ is a generalization of linear regression for predicting a categorical outcome variable.

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______________ is NOT a step of Data Mining Process.

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A(n)_______________ is often displayed as a row of values in a spreadsheet or database in which the columns correspond to the variables.

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Estimation methods are also referred to as

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Data-mining methods for predicting an outcome based on a set of input variables is referred to as

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The X axis of a lift chart shows

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