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First Assignment Questions Submission Date 28 March 2025

The document outlines assignment questions for a predictive analytics course, covering topics such as Building IQ technology, supply chain optimization, and the predictive analytics process. It emphasizes the importance of predictive modeling in various industries, its applications, and the roles of different professionals in successful projects. Additionally, it discusses data pre-processing techniques, statistical analysis methods, and the evolution of predictive analytics from traditional methods to modern machine learning approaches.

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22 views1 page

First Assignment Questions Submission Date 28 March 2025

The document outlines assignment questions for a predictive analytics course, covering topics such as Building IQ technology, supply chain optimization, and the predictive analytics process. It emphasizes the importance of predictive modeling in various industries, its applications, and the roles of different professionals in successful projects. Additionally, it discusses data pre-processing techniques, statistical analysis methods, and the evolution of predictive analytics from traditional methods to modern machine learning approaches.

Uploaded by

prakashas404
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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CSE306 Predictive Analytics Assignment Questions Submission Date 28/03/2025

Module 1
1. How Building IQ technology optimizes energy usage in commercial buildings. Discuss its
implementation process and benefits.
2. Evaluate the potential of predictive analytics in supply chain optimization. What specific metrics
can be improved through predictive modeling, and what are the limitations?
3. Explain the process of building a predictive analytics model, including the key steps and
considerations involved.
4. Explain the various applications of Predictive Modeling across different industries. Support your
answer with case examples.
5. Briefly explain the Predictive Analytics Process in detail with the help of a diagram.
6. Why is Predictive Modeling important in today's business environment? Explain its significance
with relevant examples.
7. Briefly explain how Predictive Analytics improves wind turbine maintenance. Illustrate your
answer with a neat diagram showing the predictive maintenance workflow.
8. What is predictive analytics and explain its importance in modern business environments. Discuss
three key applications where predictive analytics has significantly improved decision-making
processes.
9. Elaborate the various stages in the predictive analytics model. Where does predictive analytics fit in
this model, and why is it considered more advanced than descriptive analytics?
10. Discuss the evolution of predictive analytics from traditional statistical methods to modern machine
learning approaches. What technological advancements have enabled this transformation?
11. Differentiate between theroles of data scientists, business analysts, and domain experts in a
successful predictive analytics project. How do these roles complement each other?
12. Discuss the importance of Predictive Analytics in modern decision-making processes. How does it
provide competitive advantage to organizations?

Module 2
1. Analyze the collaborative filtering technique in predictive analytics. How has this approach
revolutionized recommendation systems? Discuss its applications and limitations.
2. Discuss the importance of data pre-processing in predictive modeling. What techniques can be used
to handle missing values, outliers, and inconsistent data?
3. Explain the fundamental principles of predictive modeling. Discuss the difference between
supervised and unsupervised learning approaches with appropriate examples.
4. Explain the univariate and multivariate statistical analysis in details with examples.
5. Explain univariate statistical analysis with examples. When is it appropriate to use univariate
analysis versus more complex statistical approaches?
6. Differentiate between the propensity models and cluster models. In what business scenarios would
each be most appropriate? Illustrate with examples.
7. Explain the importance of data pre-processing in predictive modeling. What techniques can be used
to handle missing values, outliers, and inconsistent data?
8. Discuss the various techniques used in multivariate statistical analysis. How do these techniques
help identify complex relationships in data?
9. Explain the different types of clustering modules in predictive analytics with examples.
10. Differentiate between the parametric and non-parametric statistical methods in predictive analytics.
Under what circumstances would you choose one over the other?
11. Explain in details types for predictive models in details with help of examples.
12. How to evaluate the importance of feature selection and dimensionality reduction in predictive
modeling. How do these techniques improve model performance?

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