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AI-900: Gift Card Sales Forecasting Leveraging Regression in ML

Discover how regression models predict future gift card sales. Explore the role of regression in forecasting sales quantities for the upcoming month.

Table of Contents

Question

Which type of machine learning should you use to predict the number of gift cards that will be sold next month?

A. classification
B. regression
C. clustering

Answer

B. regression

Explanation

For predicting the quantity of gift cards sold next month, the appropriate type of machine learning is option B: regression. Regression models are designed to forecast numerical values, making them suitable for predicting quantities or continuous variables like the number of gift cards sold in the upcoming month based on historical sales data.

In the most basic sense, regression refers to prediction of a numeric target. Linear regression attempts to establish a linear relationship between one or more independent variables and a numeric outcome, or dependent variable. You use this module to define a linear regression method, and then train a model using a labeled dataset. The trained model can then be used to make predictions.

Microsoft Azure AI Fundamentals AI-900 certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the Microsoft Azure AI Fundamentals AI-900 exam and earn Microsoft Azure AI Fundamentals AI-900 certification.

Microsoft Azure AI Fundamentals AI-900 certification exam practice question and answer (Q&A) dump

Alex Lim is a certified IT Technical Support Architect with over 15 years of experience in designing, implementing, and troubleshooting complex IT systems and networks. He has worked for leading IT companies, such as Microsoft, IBM, and Cisco, providing technical support and solutions to clients across various industries and sectors. Alex has a bachelor’s degree in computer science from the National University of Singapore and a master’s degree in information security from the Massachusetts Institute of Technology. He is also the author of several best-selling books on IT technical support, such as The IT Technical Support Handbook and Troubleshooting IT Systems and Networks. Alex lives in Bandar, Johore, Malaysia with his wife and two chilrdren. You can reach him at [email protected] or follow him on Website | Twitter | Facebook

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