Data Mining for Business Analytics: Concepts, Techniques, and Applications with XLMiner
3rd Edition
ISBN: 9781118729274
Author: Galit Shmueli, Peter C. Bruce, Nitin R. Patel
Publisher: WILEY
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 5, Problem 3P
Explanation of Solution
Given: A startup company, FiscalNote which is founded by an entrepreneur from Washington, DC. The company makes use of the data mining techniques and machine learning to make predictions if the legislation will pass or not in the U.S Congress and US state legislatures.
To find:Â The type of misclassifications and the use of overall accuracy as the metric by using some research on the introduced bills in the US congress and passage rates. Also, discuss other possible metrics as well as the potential role of propensities.
Solution:
By using data mining as well as machine learning techniques, the possible types of misclassifications will be of two types as given below...
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
anybody ?
dont dont dont answer without knowledge strict report
answer only 100% knowledge else skip posting multiple times
Chapter 5 Solutions
Data Mining for Business Analytics: Concepts, Techniques, and Applications with XLMiner
Knowledge Booster
Similar questions
- Alert - don't use any AI platform to generate my answer and don't try to copy anything from other websites otherwise I'll reduce rating for sure and report. Python queryarrow_forwardHi! I need help with starting an Excel spreadsheet for my computer science presentation. My topic is "Data Visualization Techniques in Computer Science" 2. Excel Spreadsheet: Create a sample dataset related to computer science (e.g., programming language popularity, data structure usage, etc.). Insert the data into an Excel spreadsheet. Explanation: 2. Excel Spreadsheet: Creation: Create a sample dataset relevant to computer science (e.g., programming languages usage statistics, algorithms performance metrics, etc.). Excel: Open Excel, input the data into cells, and organize it logically.arrow_forwardListen to the podcast and briefly answer the below questions with Don’t Panic: The Unit 42 Podcast Link to the podcast hxxps://unit42.libsyn.com 1) What you learned about this InfoSec topic?2) What further questions you have about this InfoSec topic?3) If you are interested in delving deeper into this InfoSec topic. Why or why not?4) If you think you'll listen to this podcast (or read this blog) in the future. Why or why not?arrow_forward
- Imagine you are an avid movie goer and you prepared a list of n movies you are considering watching. As a thorough researcher, you prepared a list of k friends, whose movie advice you trust. For each movie, you are debating whether to either see it or speak to all of your friends and hear their recommendations. A more efficient approach is to choose between watching the movie and speaking with at least one trusted movie recommender friend. This approach will take a total of t hours. Prove that the problem is NP-hard.arrow_forwardQ1/Read the article. Then answer these questions: 1. Why did Harland Sanders learn to cook? 2. How long did it take him to develop his secret recipe? 3. When did the first official KFC restaurant open? 4. How old was Harland Sanders when he sold the company? 5. What happened in 1980? The man behind KFC Harland Sanders was born in the USA in 1890, but his childhood wasn't a happy one. His father died when he was only six. His mother didn't have much money so she needed to find a job. She went to work in a shirt factory and Harland stayed at home to look after his younger brother and sister. That was when he first learned to caok. He left home when he was twelve and worked on a nearby farm. After that he had a lot of different jobs and in 1930, he became the manager of a service station in Corbin, Kentucky. He started cooking meals for hungry travellers who stopped at the service station, and soon people came only for the food. Harland couldn't serve everybody because the place was too…arrow_forwardSmall Potatoes is a family-operated seed business that has grown rapidly. It specializes in supplying home gardeners with the finest seeds and gardening supplies. Until now, the firm has done all its business by placing ads in gardening and health magazines and taking orders using a toll-free telephone number. Now, the family has decided to establish a website and sell online. Use this background to answer the following questions (each question should have a separate section denoted by a heading): What factors would you consider when deciding on the user interface design for the website? Create/Draw a rough prototype of what the user interface for the entry point (landing page) of what the Software would look like. Should the website be designed in-house, or outsourced - give your reasons for selecting one over the other.arrow_forward
- Correct and detailed answer will be Upvoted. No plagarism pleasearrow_forwardI only need Question D answered: Julia Robertson is a senior at Tech, and she’s investigating different ways to finance her final year at school. She is considering leasing a food booth outside the Tech stadium at home football games. Tech sells out every home game, and Julia knows, from attending the games herself, that everyone eats a lot of food. She has to pay $1,000 per game for a booth, and the booths are not very large. Vendors can sell either food or drinks on Tech property, but not both. Only the Tech athletic department concession stands can sell both inside the stadium. She thinks slices of cheese pizza, hot dogs, and barbecue sandwiches are the most popular food items among fans, and so these are the items she would sell. Most food items are sold during the hour before the game starts and during halftime; thus it will not be possible for Julia to prepare the food while she is selling it. She must prepare the food ahead of time and then store it in a warming oven. For $600…arrow_forwardA smart watch is an example of the cloud computing trend * True Falsearrow_forward
- Is Grace Hopper still alive?arrow_forwardThe Bright Light Academy The Bright Light Academy is a high school that is located in Midrand. The school opened its doors for enrolment of students in 2018. They enrol from Grade R to Grade 12. As of the last quarter of 2020, the school’s enrolment has grown tremendously to 400 students and they are anticipating that their enrolment will increase further. Since its inception, the school has been using Pastel Accounting to administer its finances. The school board of trustees has made a decision to develop an in-house integrated school management system. The school is hoping that the system will help in its blended learning strategy in the beginning of the second quarter of 2021. Source: Maodza, B. (2021)Question 4You have been hired as the Lead Architect of the school. Model a detailed use case diagram for the proposed integrated school management system.arrow_forwardCorrect and detailed answer will be Upvoted. Thank you!arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Database System ConceptsComputer ScienceISBN:9780078022159Author:Abraham Silberschatz Professor, Henry F. Korth, S. SudarshanPublisher:McGraw-Hill Education
Starting Out with Python (4th Edition)Computer ScienceISBN:9780134444321Author:Tony GaddisPublisher:PEARSON
Digital Fundamentals (11th Edition)Computer ScienceISBN:9780132737968Author:Thomas L. FloydPublisher:PEARSON
C How to Program (8th Edition)Computer ScienceISBN:9780133976892Author:Paul J. Deitel, Harvey DeitelPublisher:PEARSON
Database Systems: Design, Implementation, & Manag...Computer ScienceISBN:9781337627900Author:Carlos Coronel, Steven MorrisPublisher:Cengage Learning
Programmable Logic ControllersComputer ScienceISBN:9780073373843Author:Frank D. PetruzellaPublisher:McGraw-Hill Education
Database System Concepts
Computer Science
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:9780134444321
Author:Tony Gaddis
Publisher:PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:9780132737968
Author:Thomas L. Floyd
Publisher:PEARSON
C How to Program (8th Edition)
Computer Science
ISBN:9780133976892
Author:Paul J. Deitel, Harvey Deitel
Publisher:PEARSON
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781337627900
Author:Carlos Coronel, Steven Morris
Publisher:Cengage Learning
Programmable Logic Controllers
Computer Science
ISBN:9780073373843
Author:Frank D. Petruzella
Publisher:McGraw-Hill Education