Peregrine Exam Day 10
artificial intelligence - CORRECT ANSWER-a subdiscipline of computer science
that attempts to simulate human thinking
Facts - CORRECT ANSWER-information that is true or demonstrable
Assumptions - CORRECT ANSWER-Premises for which no proof or evidence is
offered.
Management Information Systems (MIS) - CORRECT ANSWER-A business
function, like accounting and human resources, which moves information about
people, products, and processes across the company to facilitate
decision-making and problem-solving
What are office automation systems? - CORRECT ANSWER-word processing,
email and voicemail
What are knowledge work systems? - CORRECT ANSWER-Computer-aided
design systems, virtual reality system, financial workstations
Decision Report System - CORRECT ANSWER-a computerized program used to
support determinations, judgements and courses of action in an organization or a
business.
A DSS differs from what? - CORRECT ANSWER-Ordinary operations application
What does a DSS do? - CORRECT ANSWER-Allows for more informed
decision- making, timely problem-solving, and improved efficiency in dealing with
issues or operations, planning and even management.
Forecasting - CORRECT ANSWER-method for predicting how variables will
change the future
Qualitative Model - CORRECT ANSWER-shows an economic truth without a
prediction
, market research - CORRECT ANSWER-The activity of gathering information
about consumers' needs and preferences.
Delphi Method - CORRECT ANSWER-form of qualitative forecasting that
involves consensus of a group of experts using a multi-stage process to
converge on a forecast.
quantitative models - CORRECT ANSWER-Employ computer simulation models
involving statistical techniques
Indicator approach - CORRECT ANSWER-Estimating capital charges for
operation ai risk
econometric model - CORRECT ANSWER-mathematical expression used to
describe how the economy is expected to perform in the future
Time Series Models - CORRECT ANSWER-based on the assumption that a
forecast can be generated from the information contained in a time series of data
Communication driven DSS - CORRECT ANSWER-Targeted at internal teams,
including partners
What is an example of communication driven DSS? - CORRECT
ANSWER-Chats and instant messaging
Data-driven DSS - CORRECT ANSWER-use OLAP, data mining, spreadsheets,
predictive analytics, and big data analytics to analyze large pools of data in major
corporate systems
What are examples of data driven DSS? - CORRECT ANSWER-Computer
based databases
Document Driven DSS - CORRECT ANSWER-Targeted at a broad base of user
groups
Knowledge-driven DSS - CORRECT ANSWER-Covering a broad range of
systems that covers users within the organization setting it up
artificial intelligence - CORRECT ANSWER-a subdiscipline of computer science
that attempts to simulate human thinking
Facts - CORRECT ANSWER-information that is true or demonstrable
Assumptions - CORRECT ANSWER-Premises for which no proof or evidence is
offered.
Management Information Systems (MIS) - CORRECT ANSWER-A business
function, like accounting and human resources, which moves information about
people, products, and processes across the company to facilitate
decision-making and problem-solving
What are office automation systems? - CORRECT ANSWER-word processing,
email and voicemail
What are knowledge work systems? - CORRECT ANSWER-Computer-aided
design systems, virtual reality system, financial workstations
Decision Report System - CORRECT ANSWER-a computerized program used to
support determinations, judgements and courses of action in an organization or a
business.
A DSS differs from what? - CORRECT ANSWER-Ordinary operations application
What does a DSS do? - CORRECT ANSWER-Allows for more informed
decision- making, timely problem-solving, and improved efficiency in dealing with
issues or operations, planning and even management.
Forecasting - CORRECT ANSWER-method for predicting how variables will
change the future
Qualitative Model - CORRECT ANSWER-shows an economic truth without a
prediction
, market research - CORRECT ANSWER-The activity of gathering information
about consumers' needs and preferences.
Delphi Method - CORRECT ANSWER-form of qualitative forecasting that
involves consensus of a group of experts using a multi-stage process to
converge on a forecast.
quantitative models - CORRECT ANSWER-Employ computer simulation models
involving statistical techniques
Indicator approach - CORRECT ANSWER-Estimating capital charges for
operation ai risk
econometric model - CORRECT ANSWER-mathematical expression used to
describe how the economy is expected to perform in the future
Time Series Models - CORRECT ANSWER-based on the assumption that a
forecast can be generated from the information contained in a time series of data
Communication driven DSS - CORRECT ANSWER-Targeted at internal teams,
including partners
What is an example of communication driven DSS? - CORRECT
ANSWER-Chats and instant messaging
Data-driven DSS - CORRECT ANSWER-use OLAP, data mining, spreadsheets,
predictive analytics, and big data analytics to analyze large pools of data in major
corporate systems
What are examples of data driven DSS? - CORRECT ANSWER-Computer
based databases
Document Driven DSS - CORRECT ANSWER-Targeted at a broad base of user
groups
Knowledge-driven DSS - CORRECT ANSWER-Covering a broad range of
systems that covers users within the organization setting it up