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From descriptive, predictive, and prescriptive models, which would you use to solve this choice problem? Why?
Step by step
Solved in 3 steps
- When you consider email, what pictures come to mind? How is an email sent from point A to point B? List all you have learnt to date. Who knows the reason for these variances, and if so, what are they? Do your models have varying degrees of complexity?In what ways does a descriptive model differ from a prescriptive one?Distinct differences exist between a descriptive model and a prescriptive one.
- 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?Is it feasible to differentiate between descriptive and prescriptive models by looking at the differences between the two?How do you assess logistic regression versus simple linear regression models in machine learning concept ?
- What do you imagine email to be like? In order to send an email, what is the process via which it travels? Make a record of your findings. In what ways and for what reasons do the two approaches differ? Assume that the level of complexity of several models varies (or abstraction).What abilities do predictive modelers need?Define the term "Bayesian classification." What are the benefits of it?