Which of the following is not applicable to Data Mining?

Involves working with known information -- Correct

The process of extracting valid, useful, unknown info from data and using it to
make proactive knowledge driven business is called
Data mining -- Correct

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What is the other name for Data Preparation stage of Knowledge Discovery Process?
ETL -- Correct

Which of the following role is responsible for performing validation on analysis

datasets?
Statisticians -- Correct

Which of the following activities is performed as part of data pre processing?

Detect Missing Values -- Correct

Which of the following modelling type should be used for Labelled data?
Predictive Modelling -- Correct

Noisy values are the values that are valid for the dataset, but are incorrectly
recorded
True -- Correct

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Which statistical technique deals with finding a structure in a collection of

unlabeled data?
Clustering -- Correct

Probability of theft in an area is 0.03 with expected loss of 20% or 30% of things
with probabilities 0.55 and 0.45. Insurance policy from A costs $150 pa with 100%
repayment. Policy with B, costs $100 pa and first $500 of any loss has to be paid
by the owner. Which data mining technique can be used to choose the policy?
Decision Tree -- Correct

What is the type of learning where a function is inferred to describe hidden

structure from unlabeled data
Unsupervised Learning -- Correct

Statistical technique used for investigating and modelling the relationship between
two or more variables is:
Regression analysis -- Correct

If time is used as an independent variable in a simple linear regression analysis,

which of the following assumptions could be violated?
Successive observations of the dependent variable are uncorrelated -- Correct

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Machine learning task of inferring a function from labelled training data is known
as
Supervised Learning -- Correct
Which is the statistical technique used for investigating and modelling the
relationship between two or more variables?
Regression analysis -- Correct

Regression is typically carried out to develop a mathematical model of the process

True -- Correct

Associate rule is known as _____________

Affinity analysis -- Correct

Which data mining method groups together objects that are similar to each other and
dissimilar to the other objects?
Clustering -- Correct

Which of the following activities are performed as part of data pre processing?
All the options -- Correct

Which of the following are Multi-class Classification problem?

Should we gift a book or a Gift card? , Will it be a Rainy day or Sunny day
tomorrow? -- Wrong

_________ are the values that mark the boundaries of the confidence interval.
Confidence limits -- Correct

The process of extracting valid, useful, unknown info from data to make proactive
knowledge driven business is called
Data mining -- Correct

Simulations are carried out to develop a mathematical model of the process

False -- Correct