Give examples of first-principle and data-driven models, Computer Engineering

Give examples of first-principle and data-driven models

Problem

1. Give examples of first-principle and data-driven models used in practice.

2. For one or more of the following The Quant Shop challenges, discuss whether principled or data-driven models seem to be the more promising approach:

• Miss Universe.

• Movie gross.

• Baby weight.

• Art auction price.

• Snow on Christmas.

• Super Bowl/college champion.

• Ghoul pool.

• Future gold/oil price.

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Computer Engineering: Give examples of first-principle and data-driven models

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Computer Engineering: Give examples of first-principle and data-driven models

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