Which model in Business Analytics utilizes support vectors? Decision Trees. Neural Networks. Clustering. Support Vector Machines.
Question
Which model in Business Analytics utilizes support vectors?
- Decision Trees.
- Neural Networks.
- Clustering.
- Support Vector Machines.
Solution
Answer
The model in Business Analytics that utilizes support vectors is Support Vector Machines (SVM). Support Vector Machines are supervised learning models used for classification and regression analysis. SVM works by finding the hyperplane that best divides a dataset into classes, leveraging the concept of support vectors—data points that are closest to the decision boundary.
In contrast, Decision Trees are a classification method that splits data into branches based on feature values, Neural Networks mimic human brain functionality to model complex relationships in data, and Clustering involves grouping similar data points without any labeled responses. Therefore, among the options provided, Support Vector Machines is the correct choice.
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