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MLS-C01 · Question #60

MLS-C01 Question #60: Real Exam Question with Answer & Explanation

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Modeling

Question

A large consumer goods manufacturer has the following products on sale: - 34 different toothpaste variants - 48 different toothbrush variants - 43 different mouthwash variants The entire sales history of all these products is available in Amazon S3. Currently, the company is using custom-built autoregressive integrated moving average (ARIMA) models to forecast demand for these products. The company wants to predict the demand for a new product that will soon be launched. Which solution should a Machine Learning Specialist apply?

Options

  • ATrain a custom ARIMA model to forecast demand for the new product.
  • BTrain an Amazon SageMaker DeepAR algorithm to forecast demand for the new product.
  • CTrain an Amazon SageMaker k-means clustering algorithm to forecast demand for the new
  • DTrain a custom XGBoost model to forecast demand for the new product.

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Topics

#Time Series Forecasting#DeepAR#Cold Start Problem#AWS SageMaker
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