COMPLETE QUESTIONS AND ANSWERS
ACCURATE ACTUAL EXAM WITH FREQUENTLY
Page | 1
TESTED QUESTIONS EXPERT VERIFIED FOR
GUARANTEED PASS/ALREADY TOP-RATED A+.
QMB3302 UF FALL
Pass the QMB3302 UF exam 2025/2026 with confidence. This exam
resource features questions in areas like: data analysis, probability,
regression, and statistical inference for business applications. This study
guide is perfect for undergraduate business and analytics students preparing
for exams or coursework.
Pipelines are useful (in analytics with Python sense) for the following
reasons? (choose all that apply)
- Pipelines make it easy to repeat/replicate steps and run multiple models
- Pipelines are good for moving data into your programming environment
- Pipelines automatically update to new versions of Python
- Pipelines help organize code you used to clean and treat your data
- Pipelines make it very easy to change small things in your model, like
which variable to include ...... ANSWER ......- Pipelines make it easy
to repeat/replicate steps and run multiple models
- Pipelines help organize code you used to clean and treat your data
- Pipelines make it very easy to change small things in your model, like
which variable to include
, The basic idea of a regression is very simple. We have some X value
(which we call ______) and some Y value that we are trying to _____. We
could have multiple Y value, but that is not something we have covered.
Page | 2
...... ANSWER ......features; predict
Y and y-hat are a little different. Y is our target vector, and y-hat is an
output in our model that is a.... (choose one of the following)
- estimate or prediction of y
- the actual value of y
- an axis on our 2 way graph
- a combination of XY intercept coordinates ...... ANSWER
......estimate or prediction of y
When looking at the code in the videos, we sometimes used a variable to
hold out model. What is the significance of the word "model" in the
below code?
model = LinearRegression(fit_intercept=True) ...... ANSWER
......'model' is a named variable and is just holding our linear
regression model. It could be renamed anything. The word itself is not
important. It is just a container.
What is a good model fit value? ...... ANSWER ......unknowable
without knowing/understanding the context of the domain
Imagine X in the below is a missing value. If I were to run a median
imputer on this set of data, what would the return value be?
, 50, 60, 70, 80, 100, 60, 5000, X ...... ANSWER ......70
Which of the below were discussed as being problems with the holdout
Page | 3
method for validation?
- Data is not available for test and control differences
- Outliers can skew the result
- The model is not trained on all of the data
- K=3 is not sufficiently large enough
- Validation is sometimes too challenging ...... ANSWER ......- Outliers
can skew the result
- The model is not trained on all of the data
The features in a model...
- are used as proxies for y-hat divided by y
- are always functions of each other
- keep the model validation process stable
- none of these answers are correct ...... ANSWER ......none of these
answers are correct
What is the first variable in a decision tree called (before any of the
branches)? ...... ANSWER ......root
One problem with decision trees is that they are prone to _____ if you are
not careful or do not set the _____ appropriately. ...... ANSWER
......overfitting; max depth
, True or False: The random forest algorithm prevents, or at least avoids to
some extent, the problems with overfitting found in decision trees. ......
Page | 4 ANSWER ......True
True or False: Random Forests can only be used on classification
problems ...... ANSWER ......False
True or False: In order to interpret Decision Tree's, it is necessary to first
run a linear regression ...... ANSWER ......False
True or False: Decision Tree's are nice because they are fairly simple and
straightforward to interpret ...... ANSWER ......True
When running our first decision tree, we took out "maxdepth=". This had
the unfortunate result of... ...... ANSWER ......Building a very large
hard to understand tree
What is the terminal node as discussed in the lecture? ...... ANSWER
......The last node (sometimes called a leaf is you google the term); the
tree doesn't split after this
Models, such as the random forest model we ran, often have a number of
parameters that the analyst can choose or set.