Author Question: Strategic sourcing refers to purchasing involving long-term contracts that usually are based on ... (Read 62 times)

ENagel · **on:** Jul 7, 2018

Strategic sourcing refers to purchasing involving long-term contracts that usually are based on private negotiations between sellers and buyers.

Indicate whether the statement is true or false

Question 2

In the data mining in Hollywood case study, how successful were the models in predicting the success or failure of a Hollywood movie?

What will be an ideal response?

voltaire123 · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

TRUE

Answer to Question 2

The researchers claim that these prediction results are better than any reported in the published literature for this problem domain. Fusion classification methods attained up to 56.07 accuracy in correctly classifying movies and 90.75 accuracy in classifying movies within one category of their actual category. The SVM classification method attained up to 55.49 accuracy in correctly classifying movies and 85.55 accuracy in classifying movies within one category of their actual category.