Which of the following applications are classification problems in nature? Selec
ID: 3322300 • Letter: W
Question
Which of the following applications are classification problems in nature? Select all that apply.( HAVE MORE THAN ONE ANSWER)
A company identified customers who would purchase a product.
A company segmented its customers based on historical transaction data.
Spam filtering services detect spam email by analyzing tokens (words, numbers and symbols, etc.).
To get a quick understanding of the news about a company, an investor categorized the company's business news stories released by the Reuters.
A bank grouped its existing credit card holders based on similarity in their use of their cards, payment of their bills, and profitability to the bank.
a.A company identified customers who would purchase a product.
b.A company segmented its customers based on historical transaction data.
c.Spam filtering services detect spam email by analyzing tokens (words, numbers and symbols, etc.).
d.To get a quick understanding of the news about a company, an investor categorized the company's business news stories released by the Reuters.
e.A bank grouped its existing credit card holders based on similarity in their use of their cards, payment of their bills, and profitability to the bank.
Explanation / Answer
A company identified customers who would purchase a product.
Spam filtering services detect spam email by analyzing tokens (words, numbers and symbols, etc.).
Answer: Option A and C
A classification should have proper labels such as spam or no spam, will purchase or will not purchase. Here, the outcome is a categorical variable. Other options are mostly clustering scenrios.
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