What Is a Major Drawback of the Neural Network Modeling

question 97

Multiple Choice

What is a major drawback of the neural network modeling?

• A) The parameters are typically uninterpretable.
• B) The model is not easily utilized with existing data sets.
• C) The parameters minimize the least squares criterion.
• D) This model only uses a single-layer perceptron.

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Definitions:

Monopolistic Competitors

Firms in a market structure where many companies sell products that are similar but not identical, leading to product differentiation and some price control.

R&D

Research and Development refers to the activities companies undertake to innovate and introduce new products or services.

Product Differentiation

Product differentiation is the process of distinguishing a product from others in the market, through features, branding, or quality, to attract a specific consumer segment.

Decreasing-Cost Industries

Industries in which costs per unit decline as the scale of production increases, often due to efficiencies gained in the production process.