Question : Which technique you would be using to solve the below problem statement? "What is the probability that individual customer will not repay the loan amount?"
1. Classification
2. Clustering
3. Linear Regression
4. Logistic Regression
5. Hypothesis testing
Correct Answer : 4 Explanation:
Question : What type of output generated in case of linear regression?
1. Continuous variable
2. Discrete Variable
3. Any of the Continuous and Discrete variable
4. Values between 0 and 1
Correct Answer : 1 Explanation: Linear regression model generate continuous output variable.
Question : In which of the scenario you can use the linear regression model? A. Predicting Home Price based on the location and house area B. Predicting demand of the goods and services based on the weather C. Predicting tumor size reduction based on input as number of radiation treatment D. Predicting sales of the text book based on the number of students in state
1. A,B 2. B,C 3. C,D 4. A,B,C 5. A,B,C,D
Correct Answer : 5 Explanation: You can use the linear regression model for predicting the continuous output variable based on the input variables. In all the cases mentioned in the question option, you can see that output can be predicted based on the input variable. Option-A : Input : Location, House Area and Output : House Price Option-B : Input : Weather condition, Output : Demand for the goods and services Option-C : Input : Number of Radiation Session Output : Tumor Size Reduction Option-D : Input : Number of students and Output: Sale quantity of text book