Question

_________ involves predicting a response with meaningful magnitude, such as quantity sold, stock price, or return on investment.

(a) Regression

(b) Summarization

(c) Clustering

(d) Classification

The question was asked during an interview for a job.

I need to ask this question from Predictive Analytics in chapter Commands, Packages, Visualizing Data and Linear Regression of R Programming

Answer 1

Right answer is (a) Regression

To explain I would say: Regression and classification are two common types predictive models.