University | Singapore University of Social Science (SUSS) |
Subject | FIN313: Machine Learning and AI for FinTech Assignment |
FIN313: Machine Learning and AI for FinTech Assignment, SUSS, Singapore: Suppose the bank is interested in classifying its customer’s value. As the data scientist of the bank
Question 2
Suppose the bank is interested in classifying its customer’s value. As the data scientist of the bank, you suggest it to use a machine learning model to automate this task. Therefore, you collected a data set of 20 customers, as shown in the below table. If a customer’s value is higher than a threshold, the label of this customer is ‘Good’; otherwise, the label is ‘Bad’.
Stuck with a lot of homework assignments and feeling stressed ?
Take professional academic assistance & Get 100% Plagiarism free papers
(a) (Python code) Suppose you would like to use the first 16 data points in the table as the training dataset, and the last 4 data points as the validation dataset. Implement the KNN classifier with K=3 and report the accuracy of your model on the validation dataset.
(b) (Python code) Propose at least one way to improve the performance of the KNN classifier developed in Q(a). You should report the improved accuracy on the validation dataset and explain your method. [Remark: the parameter of K is fixed as 3]
(c) Apart from the KNN method, you can also use a neural network for the above classification task. In the context of this question, which model do you think is more appropriate to use in this problem and why?
Hire a Professional Essay & Assignment Writer for completing your Academic Assessments
Are you struggling with your FIN313 Machine Learning and AI for FinTech Assignment? Look no further! At our service, we specialize in providing top-notch assistance for students in Singapore. Whether it's TMA, dissertation writing Singapore, or online assignment help, our experts are here to ensure your academic success. Entrust your assignments to us and experience the difference.
Tags:-
- ELG101: Discovering Language Assignment, SUSS, Singapore: Speakers are creative users of the languages they speak. In our everyday interaction
- ELG101: Discovering Language Assignment, SUSS, Singapore: Demonstrate the articulation of the words in the above data set using the International Phonetic
- Principles of Project Management Individual Assignment, SUSS, Singapore: You are appointed a Project Manager in charge of organising and planning a project
- COR2223: Frontiers of Modern Computing Final Written Assignment, SMU, Singapore: Write a short story imagining a future scenario and how one or more of the modern computing technologies
- AC2101: Accounting Recognition and Measurement Assignment, NTU, Singapore: If NTU-C were to record the abovementioned transactions on 31 January, 28 February and 15 March 20×2
- BSE217: Motor Development, Control and Learning Assignment, SUSS, Singapore: Create a rating scale or categories of differentiation to rate the movement proficiencies of the individual
- BSE217: Motor Development, Control and Learning Assignment, SUSS, Singapore: Discuss the main theoretical foundations of Ecological Dynamics Theory
- NCO201: Learn To Learn, Learn For Life Tutor-Marked Assignment 2, SUSS, Singapore: Create a learning plan. Use this template to create your learning plan
- NCO201: Learn To Learn, Learn For Life Tutor-Marked Assignment 2, SUSS, Singapore: Self-reflection is a critical part of learning. By looking back at your process and analysing
- BPM301: LCC and Sustainable Design and Construction Assignment, SUSS, Singapore: A developer is building a new 3-storey sports complex on a 10-year leasehold land
UP TO 15 % DISCOUNT