A manufacturing company has a large set of labeled historical sales data The manufacturer would like to predict how many units of a particular part should be produced each quarter.
Which machine learning approach should be used to solve this problem?
A . Logistic regression
B . Random Cut Forest (RCF)
C . Principal component analysis (PCA)
D . Linear regression
Answer: D
Explanation:
Linear regression is a machine learning approach that can be used to solve this problem. Linear regression is a supervised learning technique that can model the relationship between one or more input variables (features) and an output variable (target). In this case, the input variables could be the historical sales data of the part, such as the quarter, the demand, the price, the inventory, etc. The output variable could be the number of units to be produced for the part. Linear regression can learn the coefficients (weights) of the input variables that best fit the output variable, and then use them to make predictions for new data. Linear regression is suitable for problems that involve continuous and numeric output variables, such as predicting house prices, stock prices, or sales volumes.
Reference: AWS Machine Learning Specialty Exam Guide
Linear Regression
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