Amazon Web Services Updated MLS-C01 Exam Questions and Answers by inara

The most cost-effective solution is to use an S3 event to trigger a Lambda function that uses SageMaker Data Wrangler to merge the data. This solution avoids the need to provision and manage any additional resources, such as Kinesis streams, Firehose delivery streams, Glue jobs, or Redshift clusters. SageMaker Data Wrangler provides a visual interface to import, prepare, transform, and analyze data from various sources, including AWS Data Exchange products. It can also export the data preparation workflow to a Python script that can be executed by a Lambda function. This solution can meet the time requirement of 30-60 minutes, depending on the size and complexity of the data.

Using Amazon S3 Event Notifications

Prepare ML Data with Amazon SageMaker Data Wrangler

AWS Lambda Function

In cases where survey questions allow multiple choices per question, one-hot encoding is an effective way to represent responses as binary features. Each possible option for each question is transformed into a separate binary column (1 if selected, 0 if not), providing a comprehensive and machine-readable format that logistic regression models can interpret effectively.

This approach ensures that each respondent’s selections are accurately captured in a format suitable for training, offering a straightforward representation for multi-choice responses.

The best solution for this scenario is to perform forecasting by using claim IDs and dates to identify the expected number of claims in each outcome category every month. This solution has the following advantages:

It leverages the historical data of claim outcomes and dates to capture the temporal patterns and trends of the claims in each category1.

It does not require the claim contents or any other features to make predictions, which simplifies the data preparation and reduces the impact of missing or incomplete data2.

It can handle the high cardinality of the outcome categories, as forecasting models can output multiple values for each time point3.

It can provide predictions for several months in advance, which is useful for planning and budgeting purposes4.

The other solutions have the following drawbacks:

A: Performing classification every month by using supervised learning of the 200 outcome categories based on claim contents is not suitable, because it assumes that the claim contents are available and complete for all the records, which is not the case in this scenario2. Moreover, classification models usually output a single label for each input, which is not adequate for predicting the number of claims in each category3. Additionally, classification models do not account for the temporal aspect of the data, which is important for forecasting1.

B: Performing reinforcement learning by using claim IDs and dates and instructing the insurance agents who submit the claim records to estimate the expected number of claims in each outcome category every month is not feasible, because it requires a feedback loop between the model and the agents, which might not be available or reliable in this scenario5. Furthermore, reinforcement learning is more suitable for sequential decision making problems, where the model learns from its actions and rewards, rather than forecasting problems, where the model learns from historical data and outputs future values6.

D: Performing classification by using supervised learning of the outcome categories for which partial information on claim contents is provided and performing forecasting by using claim IDs and dates for all other outcome categories is not optimal, because it combines two different methods that might not be consistent or compatible with each other7. Also, this solution suffers from the same limitations as solution A, such as the dependency on claim contents, the inability to handle multiple outputs, and the ignorance of temporal patterns123.

1: Time Series Forecasting - Amazon SageMaker

2: Handling Missing Data for Machine Learning | AWS Machine Learning Blog

3: Forecasting vs Classification: What’s the Difference? | DataRobot

4: Amazon Forecast – Time Series Forecasting Made Easy | AWS News Blog

5: Reinforcement Learning - Amazon SageMaker

6: What is Reinforcement Learning? The Complete Guide | Edureka

7: Combining Machine Learning Models | by Will Koehrsen | Towards Data Science

The data scientist should use Amazon SageMaker Ground Truth to sort the data into two groups named “enrolled” or “not enrolled.” This will create a labeled dataset that can be used for supervised learning. The data scientist should then use a classification algorithm to run predictions on the test data. A classification algorithm is a suitable choice for predicting a binary outcome, such as enrollment status, based on the input features, such as academic performance. A classification algorithm will output a probability for each class label and assign the most likely label to each observation.

Use Amazon SageMaker Ground Truth to Label Data

Classification Algorithm in Machine Learning