If you were presented with all three models of a given choice problem, which one—descriptive, predictive, or prescriptive—among those three would you be most inclined to use? Why?
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If you were presented with all three models of a given choice problem, which one—descriptive, predictive, or prescriptive—among those three would you be most inclined to use? Why?
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- In general, descriptive models are preferred over prescriptive models; yet, the question remains: which model is superior?Is it possible to distinguish between a prescriptive and a descriptive model by comparing their differences?First, is it possible for a model to include several dependent variables? Can there be more than one variable in a decision problem? Which model—descriptive, predictive, or prescriptive—of a particular choice issue would you be most likely to employ if provided with all three? Why? Give an example of a well-known corporate, political, or military leader whose excellent judgment led to a terrible consequence, or vice versa. What is the main difference between a computer model and a spreadsheet model?
- C.W. Churchman once said that "Mathematics...tends to lull the unsuspecting that he who thinks elaborately thinks well." Do you think that the best QA Models are the ones that are most elaborate and complex Mathematically? Why?Do the distinctions between the two make it possible to distinguish between descriptive and prescriptive models?In general, descriptive models are preferable than prescriptive models; nevertheless, which one is better?
- In what ways are prescriptive models different from descriptive models? In what ways are prescriptive models different from predictive models? In what ways are descriptive models different from predictive models? What is a dependent variable? . What is an independent variable?In the following, we will discuss the most important characteristics of descriptive models?What are the differences between deep probabilistic models and traditional probabilistic models? Can you please share the pros and cons?
- How can one make the most effective use of simulation models while trying to duplicate circumstances that do not neatly fall into any one of many predetermined categories?Justify your preferred machine learning model's use in a given scenario. There are two primary ways to classify items: (A) reminiscing, (C) using K-nearest neighbour, and (D) gaining insight.Could you perhaps supply some examples to support your choice of machine learning model?