Which statement(s) best describe(s) the advantages of using Classification and Regression Trees (CART) instead of K-Nearest Neighbor (KNN)? - Statement I: For CART there is no requirement to specify an initial hyperparameter (like K). - Statement II: For CART there is no requirement to specify a similarity (or distance) measure. - Statement III: For CART the output provides a visual explanation for the prediction. | Financial Risk Manager Part 1 Quiz - LeetQuiz