Exam 4: Analytics, Decision Support, and Artificial Intelligence: Brain-Power for Your Business

The design phase of decision making is the stage at which a course of action is prescribed.

_____ is the handling of differing noun phrases that refer to the same object.

Which of the following data-mining technologies uses historical information to predict future events and outcomes?

_____ is a mathematical method of handling imprecise or subjective information.

A neural network simulates the human ability to classify things without taking prescribed steps leading to the solution.

A(n)_____ is a software agent that works on multiple distinct computer systems.

There are four main types of decisions.Which type of decision is also called an ad hoc decision?

A(n)_____ decision is one for which there may be several "right" answers and there is no precise way to get a right answer.

Which of the following software agents can adapt and alter the manner in which it attempts to achieve its assigned task?

Text analytics works primarily with nonstructured elements.

A(n)_____ is a group of intelligent agents that have the ability to work independently but must also work with each other in order to achieve their assigned task.

A recurring decision is one that happens repeatedly,and often periodically,whether weekly,monthly,quarterly,or yearly.

A prediction _____ is a specific measurable value based on an attribute of the entity under consideration.

_____ is the collective behavior of groups of simple agents that are capable of devising solutions to problems as they arise,eventually leading to coherent global patterns.

_____ refers to discovering groups of customers that are in some way or another "similar," without using any a priori and known structures.

If you were to shop regularly at a clothing store and this store provided you with regular discounts on clothes because it recognized you as a valuable customer,this store would be employing which of the following type of systems?

_____ decisions happen repeatedly,and often periodically,whether weekly,monthly,quarterly,or yearly.

A(n)_____ is a small piece of software that acts on your behalf (on behalf of another piece of software)performing tasks assigned to it.

Which phase of the decision making process involves carrying out the chosen solution,monitoring the results,and making adjustments as necessary?

A DSS typically has three components.The _____ component allows you to communicate with the DSS.