Session 1.2

Question 1

Data visualization

Answer 1

display and summarize data in ways that convey crucial information about a large data set

Question 2

Clustering

Answer 2

groups individuals in a population together by their similarity, but not driven by any specific purpose

Question 3

Co-occurrence grouping

Answer 3

attempts to find associations between entities based on transactions involving them

Question 4

Classification

Answer 4

for each individual in a population, which of a (small) set of classes this individual belongs to?

Question 5

Regression

Answer 5

attempts to estimate or predict, for each individual, the numerical value of some variable for that individual.

Question 6

Link prediction

Answer 6

attempts to predict connections between data items

Question 7

Uplift Modeling

Answer 7

predict how individuals behave contingent on the action performed upon them

Question 8

Automation

Answer 8

determine optimal action based on predicted reaction of individuals