Dell EMC Exam E20-065 Topic 2 Question 69 Discussion

Actual exam question for Dell EMC's E20-065 exam

Question #: 69
Topic #: 2

Which scenario is a proper use case for multinomial logistic regression?

AA marketing firm wants to estimate the personal income of a group of potential customers.
Using inputs such as age, education, marital status, and credit card expenditures, a data scientist is building a model that will estimate a person's
income

BA logistic distribution company wants to minimize the distance traveled by its delivery trucks.
A data scientist is building a model to determine the optimal route for each of tis trucks

CTo improve the initial routing of a loan application, a financial institution plans to classify a loan application as Approve, Reject, or Possibly_Approve. Based on the company's historical loan application data, a data scientist is building a model to assign one of these three outcomes to each submitted application.

DA manufacturer plans to determine the optimal number of workers to employ in an assembly line process. Utilizing the observed distributions of the task durations of each process step, a data scientist is building a model to mimic the interactions and dependencies between each stage in the manufacturing process.

Show Suggested Answer

Suggested Answer: C

by Jade at Apr 25, 2024, 07:47 AM

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Ronna

5 months ago

B: Yeah, I think the key is to consider the nature of the problem and how multinomial logistic regression can best be applied to it.

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Glendora

5 months ago

A: That makes sense, logistic regression is often used for classification problems like in scenarios A and C.

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Golda

5 months ago

D: I see your point, but I think scenario D might not be the best fit for multinomial logistic regression. It's more about optimizing routes or classifying options.

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Avery

5 months ago

C: Personally, I feel like scenario A could also be a potential use case. Estimating personal income based on various inputs is important for marketing firms.

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