Isye 6501 Final |92 Questions| With Correct Answers.

Stochastic optimization model {Ans: An optimization model that accounts for randomness or uncertainty.}Mann-Whitney test {Ans: Observations are independent (different viruses, not paired) - one data set rank yi and zi together}When do you use hypothesis tests? {Ans: When you know the underlying distribution}Convex Optimization Program {Ans: Optimization model where the objective function is a linear function of the variables, the constraints are linear equations and/or linear inequalities in terms of the variables, and some or all variables are restricted to have integer values. EASY BUT LONG}Predictive models {Ans: Find hidden relationships, predict the future}Game theory {Ans: Evaluates alternate strategies when outcome depends not only on each entities strategy but also that of others.}