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A hotel chain runs a simul-ation on room pricing. They want to estimate revenue, per hotel, within +/- $10 with 95% confidence (Za/2=1.96). The estimated revenue standard deviation is $5000 based on previous booking data.
What is the optimal number of simulation trials to run?
A simul-ation to compare two different sales models yields different results for the same set of input variables in different runs.
What is the likely cause?
A data engineer is asked to process several large datasets using MapReduce. Upon initial inspection the engineer realizes that there are complex interdependencies between the datasets.
Why is this a problem?
What is a key beneficial characteristic of the Random Forest algorithm?
If two of the communities are re-designated to be one community, how does that change the network characteristics?
Refer to the exhibit.