A _____ Classifies a Categorical Outcome Variable by Splitting Observations

question 4

Multiple Choice

A _____ classifies a categorical outcome variable by splitting observations into groups via a sequence of hierarchical rules.

• A)regression tree
• B)scatter chart
• C)classification tree
• D)classification confusion matrix

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Definitions:

Innovation

Innovation is the process of creating new ideas and putting them into practice.

Low Tolerance

A limited capacity to accept or endure differences, challenges, or adverse conditions, which can impact personal interactions and decision-making.

Cannibalize

In business, refers to a situation where a company's new product or service takes away sales from its existing offerings.

Highly Innovative

Refers to organizations or individuals that exhibit a strong capacity for creativity, leading to groundbreaking ideas and products.