Examlex

Solved

A Machine Learning Specialist Is Implementing a Full Bayesian Network

question 65

Multiple Choice

A Machine Learning Specialist is implementing a full Bayesian network on a dataset that describes public transit in New York City. One of the random variables is discrete, and represents the number of minutes New Yorkers wait for a bus given that the buses cycle every 10 minutes, with a mean of 3 minutes. Which prior probability distribution should the ML Specialist use for this variable?


Definitions:

Cash Flow Hedge

A form of hedge accounting that aims to offset exposures to variability in cash flows, attributable to a particular risk associated with a recognized asset or liability.

Forward Contract

A financial contract between two parties to buy or sell an asset at a specified future time at a price agreed upon at the time of the contract.

Net Method

is an accounting method for recording purchases where the purchase is recorded at net of any trade discounts received.

Profit Test

A financial analysis conducted to determine the profitability or financial viability of a project, business, or product.

Related Questions