Documente Academic
Documente Profesional
Documente Cultură
Q1
QA wall street Journal subscriber survey asked 46 questions about subscriber
characteristic and interest. State whether each of the following question
provides categorical or quantitative data.
C. When did you first start reading the WSJ? High school, College, early career,
mid-career, late Career or retirement?
Ans. Categorical data
E. What type of vehicle are you considering for your next purchase? Nine
response categories include sedan, sports, car, SUV, and minivan.
Ans. Categorical data
Q4. The Pima India dataset has 768 observations on 9 variables. The data frame
of data set is as below. Write your observation for data
Data.describe()
Reinforcement Learning
Reinforcement learning is the field that studies the problems and techniques that
try to retro-feed its model in order to improve. In order to accomplish this, RL
needs to able to “sense” signals, automatically decide on an action, and then
compare the outcome against a “reward” definition. RL tries to figure out
WHAT to do to maximize these rewards, but it does this by itself
Q7. Explain with example how Machine Learning model can be used to solve
business problem from Human resource, Marketing and Finance domain?
Ans7. For human resource
Aapplicant Tracking & Assessment
Applicant tracking and assessment has topped the list in early machine learning
applications, especially for companies and roles that receive high volumes of
applicants. Glint is not an AI company, but they use AI tools to help companies
save money and provide a better work experience. Machine learning tools help HR
and management personnel hire new team members by tracking a candidate’s
journey throughout the interview process and helping speed up the process of
getting streamlined feedback to applicants.
Sentiment analytics
There is also an opportunity to track employee issues using real time analytics and
then apply sentiment analysis to address these issues. Let’s say that a majority of
employees are asking questions about late payments for travel reimbursements.
This data can indicate something in the system isn’t working correctly. Before
things become a full-blown issue, HR leaders can uncover the issue and
communicate a solution.
Audience discovery
Identify your most valuable customers.
Let’s say you’re trying to market your app, and your primary goal is to get your
app in the hands of long-term, paying users. But you’re finding that users aren’t
opening the app that often after initial download. You wouldn’t be the first to
encounter this issue. In fact, only 37% of app installs remain in use after seven
days. So how can you find the right audience?
Machine learning can sort and analyse sources to help you learn which users are
most valuable to your app, and help you get the most out of your budget by only
showing ads to users who are most likely to download and use your app.
For finance
Process Automation
Process automation is one of the most common applications of machine learning in
finance. The technology allows to replace manual work, automate repetitive tasks,
and increase productivity.
As a result, machine learning enables companies to optimize costs, improve
customer experiences, and scale up services. Here are automation use cases of
machine learning in finance:
Chabot’s
Call-centre automation.
Paperwork automation.
Gamification of employee training, and more.
Portfolio Management
The term “robo-advisor” was essentially unheard-of just five years ago, but it is
now commonplace in the financial landscape. The term is misleading and doesn’t
involve robots at all. Rather, robo-advisors are algorithms built to calibrate a
financial portfolio to the goals and risk tolerance of the user. Users enter their goals
(for example, retiring at age 65 with $250,000.00 in savings), age, income, and
current financial assets. The advisor (which would more accurately be referred to as
an “allocator”) then spreads investments across asset classes and financial
instruments in order to reach the user’s goals.