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

In a(n)_____ decision,there may be several "right" answers,and there is no precise way to get a right answer.

A company with "maximum growth" as its goal is using a satisficing strategy while a company with "high growth" as its goal is using an optimizing strategy.

The _____ management component consists of a wide variety of statistical and analytical tools and techniques.

What is the term used when businesses employ GIS software to generate maps showing information of interest?

Most decisions fall somewhere between structured and unstructured.

Diagnostic problems correspond to the choice phase of decision making.

Unstructured elements of a decision for choosing a job include consideration of such things as salary and signing bonus.

A(n)_____ is a software agent that can relocate itself onto different computer systems.

A(n)_____ decision involves processing a certain kind of information in a specified way so that you will always get the right answer.

_____ is the concept of learning from ecosystems and adapting their characteristics to human and organizational situations.

Query-and-reporting tools are the heart of every organization and any analytics initiative.

_____ is the concept of learning from ecosystems and adapting their characteristics to human and organizational situations.

The _____ phase of decision making carries out the chosen solutions,monitors the results,and makes adjustments as necessary.

A(n)_____ is a software agent that incorporates artificial intelligence capabilities such as learning and reasoning.

What type of intelligence agent constantly observes and reports on some entity of interest,a network,or manufacturing equipment?

When you make a choice that may not necessarily be the best choice but it meets your needs,you're making a(n)_____ choice.

Clustering is the most basic,yet the most powerful,form of data mining.

The lower the value assigned through fuzzy logic,the closer it is to 1.

Which of the following data mining tools displays key information gathered from several sources on a computer screen in a format tailored to the needs and wants of an individual knowledge worker?

While text analytics relies mainly on statistical models,predictive analytics makes use of statistical models and also linguistic models to build predictive models.