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Peregrine Exam Day 10 Questions And Answers With Verified Solutions Already Passed!!!
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Peregrine Exam Day 10 Questions AndAnswers With Verified Solutions Already
Passed!!!
artificial intelligence - ANSWER✔✔ a subdiscipline of computer science that
attempts to simulate human thinking
Facts - ANSWER✔✔ information that is true or demonstrable
Assumptions - ANSWER✔✔ Premises for which no proof or evidence is offered.
Management Information Systems (MIS) - 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? - ANSWER✔✔ word processing, email and
voicemail
What are knowledge work systems? - ANSWER✔✔ Computer-aided design
systems, virtual reality system, financial workstations
Decision Report System - ANSWER✔✔ a computerized program used to support
determinations, judgements and courses of action in an organization or a
business.
A DSS differs from what? - ANSWER✔✔ Ordinary operations application
, What does a DSS do? - ANSWER✔✔ Allows for more informed decision- making,
timely problem-solving, and improved efficiency in dealing with issues or
operations, planning and even management.
Forecasting - ANSWER✔✔ method for predicting how variables will change the
future
Qualitative Model - ANSWER✔✔ shows an economic truth without a prediction
market research - ANSWER✔✔ The activity of gathering information about
consumers' needs and preferences.
Delphi Method - 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 - ANSWER✔✔ Employ computer simulation models involving
statistical techniques
Indicator approach - ANSWER✔✔ Estimating capital charges for operation ai risk
econometric model - ANSWER✔✔ mathematical expression used to describe how
the economy is expected to perform in the future
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