1. Introduction
Our team’s project topic is Bank Marketing. We found the dataset from UCI Machine Learning Repository
(http://archive.ics.uci.edu/ml/datasets/Bank+Marketing).
The data was collected by Paulo Cortez and Sérgio Moro from the direct marketing campaigns of a Portuguese banking institution from 2008 to 2010. The dataset contains 45211 instances and 17 attributes. The direct marketing campaign targets at a specific group of clients and thus to enhance the efficiency. This project proposal is to predict whether the client will subscribe the bank term deposit, so that the bank can make less contacts and improve the rate of success, to improve further profit during the campaign. In addition, we will further analyze to find what
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At the same time, one of our members dropped this course, disrupting our original arrangements and plans. Therefore, we have to repeat the work already done and increase the workload. Secondly, when we assign the tasks, we all choose our own tasks based on what we are good at. But in this case, the task is difficult to delegate evenly, and some members will have heavy tasks. At the same time, we cannot practice all tasks and improve the deficiencies.
4. Solutions:
For myself, I have found a fixed group meeting time to discuss our own ideas together, so that I can summary and make decisions in time, thereby increasing work efficiency. For another challenge about the unbalanced dataset, we have discussed this problem. With the help of other team member, I am trying to compare Linear Model, Support Vector Machine, Decision Tree and Random Forest to find out more suitable models for unbalanced data.
For my team, now we have a dedicated member to keep track of team members’ progress in time. If anyone encountered problems, we will discuss and find solutions together, thereby reducing the duplication of tasks. In addition, we try to assign one skilled member and another unskilled member to work on the same task together, so that everyone can practice our own deficiencies and complete the task better. I think our efforts have been successful, because
I find that the challenges of working together in an established team can be that everyone can become quite self absorbed in their own workload and this can result in conflict when the team sent work together as a whole or lose sight of their shared objectives and goals. It can be difficult to maintain motivation and enthusiasm and not everyone may be on the same page at the same time. I genuinely believe that I am lucky as I work in a team where we are open and honest enough to thrash out any issues quickly and as they arise. We also recognise each other’s own skills and abilities and use each other’s strengths to ensure that our team performs to a high standard.
3. What is the minimum amount of time that it takes to invent a new sensor?
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In this paper I will discuss how a team leader assesses how big the team is needed in order to accomplish the task assigned to them. This paper will also discuss the how conflicts can arise while trying to meet their goals. Such as which person works better in certain areas. I will also talk about how a team leader resolves their problems that may accure. In addition I will also discuss if team work will take longer to complete task along with some of its advantages. I will also point out some of the resistors to team work like not have the proper tools or supplies. I will also discuss how to be proactive so
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The Bandon Group has identified several specific sets of information needs. First they must have the ability to analyze existing customer accounts for profitability. The have a need to understand which account they are making money off of and which account represent high volume profits. Second, they must have an effective sales prospecting system. The ability to measure the
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Technological advancement has had a gigantic effect in the banking industry. Over the past few decades, the financial services industry has changed considerably with banking transforming from the pen and paper method to the computers and internet method. The pen and paper method took weeks or even months for the transaction to be eventually completed, and then the dramatic introduction of the computer and internet method which changed that time frame to only a matter of seconds to be completed, which reduced the amount of time and labor needed to complete a transaction significantly. Banking is considered one of the most important economic sectors with it being severely influential and responsive to any little change, whether it is domestic or international. Some extreme changes that were brought about by the development of this new technology turned into a globalized nature for the financial services industry. One stroke of a key on a computer could and would change a person 's life extensively or even have a global impact. The new technologies that were created and introduced changed how the consumers managed their money from that time on. Technology has helped to protect peoples’ hard earned money and make it much more impossible for people to be able to write out bad checks or even holding up a bank. The advancement in technology however, also came with some security risks as most things do, that could affect the money that people trusted with the bank and