Business Driven Technology
6th Edition
ISBN: 9780073376905
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 6, Problem 4CQ
Program Plan Intro
Political micro-targeting:
It is a method used by political parties and election campaigns to track individual voters and identify potential supporters. It includes direct marketing data-mining techniques that involve predictive market segmentation.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Logistic Regression is useful to supplement and improve on the linear regression algorithm (within a prediction range).
True/False
Complex mathematical models are always stochastic and not deterministic
a. True
b. False
population_df = pd.read_csv('https://raw.githubusercontent.com/Explore-AI/Public-Data/master/AnalyseProject/world_population.csv', index_col='Country Code')
Question 1: Population Growth
The world population data spans from 1960 to 2017. We'd like to build a predictive model that can give us the best guess at what the population growth rate in a given year might be. We will calculate the population growth rate as follows:-
The formula to use in calculating the growth rate is as below:-
Growth_rate =( Current_year_ population - Previous_year_population) / Previous_year_population
As such, we can only calculate the growth rate for the year 1961 onwards.
Write a function that takes the population_df and a country_code as input and computes the population growth rate for a given country starting from the year 1961. This function must return a return a 2-d numpy array that contains the year and corresponding growth rate for the country.
Function Specifications:
Should take…
Chapter 6 Solutions
Business Driven Technology
Knowledge Booster
Similar questions
- What's the difference between logistic and linear regression? How do you avoid local minima in machine learning?arrow_forwardMake sure to show it as steps on a python with the final answer Fit a decision tree model using the training dataset (`x_train` and `y_train`)Create a variable named `y_pred`. Make predictions using the `x_test` variable and save these predictions to the y_pred variable Create a variable called `dt_accuracy`. Compute the accuracy rate of the logistic regression model using the `y_pred` and `y_test` and assign it to the `dt_accuracy` variablearrow_forwardIn what way does the process of analytical reasoning depend on data modeling? Is there a process that can be used to figure out the ideal number of observations that should be included into our model?arrow_forward
- In today's modern world, model usage is widespread. Is there a way to rank the models?arrow_forwardWrite a python program to implement Linear Regression algorithm. Use the sample data-set [(1,3) (2,5) (3,7) (4,7) (5,11) (6,13)] to predict the values for X=10, 15, 20, 25. Evaluate the accuracy of the model (R2 value).arrow_forwardWrite a computer code to do linear regression analysis of a given dataset to find the relation between two variables which gives the least sum of squares error. Using Excel or Matlab. Include a copy of the script, a sample input, and a sample output from your codes. Sample output must include modelfit parameters and the sum of the squared errors for the fit. Please also run the code for thefollowing data set to find and report the relation between y and x:x y25 3040 80120 15075 80150 200300 350270 240400 320450 470575 583arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Operations Research : Applications and AlgorithmsComputer ScienceISBN:9780534380588Author:Wayne L. WinstonPublisher:Brooks Cole
Fundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning