Suppose a model that predicts monthly sales was created

DBA 831 Topic 5 DQs

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Module 5 DQ 1

Supervised methods are preferred when the true outcome is known. Suppose you needed to create a model to flag customers who are using a false identity. Can supervised methods be used to achieve this task? Why or why not?

Module 5 DQ 2

Suppose a model that predicts monthly sales was created using historical data over the last two years. The model was shown to be very accurate when predicting over the next few months. Can it be expected that the accuracy will continue ad infinitum using this model? Why or why not?

 

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