PA Flashcards

1
Q

Combination of Machine Learning

A

Neural Networks

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2
Q

it answers the question “what happened” or “what we know”

A

descriptive analytics

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3
Q

Criterion that we wish to maximize or minimize

A

Objective Function

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4
Q

Represent all possible solution

A

Feasible set

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5
Q

Vertex of feasible region

A

corner points

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6
Q

the point that maximizes or minimizes the objective function

A

Optimal Solution

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7
Q

no bound and continues to indefinitely, and may or may not have optimal solution

A

Unbounded

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8
Q

Combine all data from multiple sources

A

Complex event processing

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9
Q

Every feasible linear program that is bounded below has an optimal solution in a zero dimensional face

A

Fundamental theorem of linear programming

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10
Q

boundary around the feasible set

A

bounded set

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11
Q

restrict the choices

A

constraints

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12
Q

Consists of an objective function

A

linear programming

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13
Q

all data in one place and is usually used by marketers

A

improvado

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14
Q

Statistical method to generate recommendatiob and find the best course of action

A

Prescriptive Analytics

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15
Q

Choices that are under our control

A

decision variable

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16
Q

an statistical method used to
generate recommendations and make decisions
based on the computational findings of algorithmic
models

A

Prescriptive Analytics