Over the last year, you have been working as a product manager in a technology company, experimenting with launching new digital products. You introduced different types of software applications (productivity, gaming, finance, and health) in various markets (North America, Europe, and Asia). You also considered the company's scale (startup or enterprise) and different marketing strategies (organic growth vs. aggressive paid marketing). After a year, you gathered all the results (see the table below) and analyzed whether each product launch was successful. Now, you would like to build a decision tree that will help guide future product launches. 5 Your task is to construct the most effective decision tree based on the dataset below and explain why it is the best one. In this exercise, you should experiment with two metrics: first, use the Gini impurity metric, and then build another tree, but this time using entropy. While working out these decision trees, you might encounter ambiguous situations - explain the ambiguities and how you handled them. Finally, compare the results of the results obtained from using Gini impurity and entropy. Hint: The order of columns in the table does not necessarily lead to an optimal decision tree. ID Product Type 1 Finance Market Europe Company Size Marketing Strategy Success Startup Organic NO 2 Gaming North America Enterprise Paid YES 3 Health Asia Startup Paid YES 4 Finance Europe Enterprise Organic NO 5 Productivity North America Startup Organic NO 6 Health Europe Enterprise Paid YES 7 Gaming Asia Enterprise Organic YES 8 Health Asia Startup Paid YES 9 Health North America Enterprise Organic YES 10 Productivity North America Startup Organic NO 11 Finance Asia Enterprise Paid YES 12 Health Europe Startup Organic NO

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Over the last year, you have been working as a product manager in a technology company, experimenting
with launching new digital products. You introduced different types of software applications (productivity,
gaming, finance, and health) in various markets (North America, Europe, and Asia). You also considered
the company's scale (startup or enterprise) and different marketing strategies (organic growth vs. aggressive
paid marketing). After a year, you gathered all the results (see the table below) and analyzed whether each
product launch was successful. Now, you would like to build a decision tree that will help guide future product
launches.
5
Your task is to construct the most effective decision tree based on the dataset below and explain why it is
the best one. In this exercise, you should experiment with two metrics: first, use the Gini impurity metric,
and then build another tree, but this time using entropy. While working out these decision trees, you might
encounter ambiguous situations - explain the ambiguities and how you handled them. Finally, compare the
results of the results obtained from using Gini impurity and entropy.
Hint: The order of columns in the table does not necessarily lead to an optimal decision tree.
ID
Product Type
1
Finance
Market
Europe
Company Size Marketing Strategy Success
Startup
Organic
NO
2
Gaming
North America
Enterprise
Paid
YES
3
Health
Asia
Startup
Paid
YES
4
Finance
Europe
Enterprise
Organic
NO
5 Productivity
North America
Startup
Organic
NO
6
Health
Europe
Enterprise
Paid
YES
7
Gaming
Asia
Enterprise
Organic
YES
8
Health
Asia
Startup
Paid
YES
9
Health
North America
Enterprise
Organic
YES
10 Productivity
North America
Startup
Organic
NO
11
Finance
Asia
Enterprise
Paid
YES
12
Health
Europe
Startup
Organic
NO
Transcribed Image Text:Over the last year, you have been working as a product manager in a technology company, experimenting with launching new digital products. You introduced different types of software applications (productivity, gaming, finance, and health) in various markets (North America, Europe, and Asia). You also considered the company's scale (startup or enterprise) and different marketing strategies (organic growth vs. aggressive paid marketing). After a year, you gathered all the results (see the table below) and analyzed whether each product launch was successful. Now, you would like to build a decision tree that will help guide future product launches. 5 Your task is to construct the most effective decision tree based on the dataset below and explain why it is the best one. In this exercise, you should experiment with two metrics: first, use the Gini impurity metric, and then build another tree, but this time using entropy. While working out these decision trees, you might encounter ambiguous situations - explain the ambiguities and how you handled them. Finally, compare the results of the results obtained from using Gini impurity and entropy. Hint: The order of columns in the table does not necessarily lead to an optimal decision tree. ID Product Type 1 Finance Market Europe Company Size Marketing Strategy Success Startup Organic NO 2 Gaming North America Enterprise Paid YES 3 Health Asia Startup Paid YES 4 Finance Europe Enterprise Organic NO 5 Productivity North America Startup Organic NO 6 Health Europe Enterprise Paid YES 7 Gaming Asia Enterprise Organic YES 8 Health Asia Startup Paid YES 9 Health North America Enterprise Organic YES 10 Productivity North America Startup Organic NO 11 Finance Asia Enterprise Paid YES 12 Health Europe Startup Organic NO
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