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Which one of the following pairs represents internal environmental factors that could be affected by a data analytics initiative? - Answer A. Opportunities and strengths B. Strengths and weaknesses C. Threats and opportunities D. Weaknesses and threats ** CORRECT: Strengths and weaknesses ...

pure risk - Answer A chance of loss or no loss, but no chance of gain. speculative risk - Answer a chance of loss, no loss, or gain price risk - Answer Uncertainty over cash flows resulting from possible changes in the cost of raw materials and other inputs (such as lumber, gas, or el...

Which one of the following is artificial intelligence in which computers continually teach themselves to make better decisions based on previous results and new data? A. Telematics B. Machine learning C. Generalized linear model D. Usage-based insurance - Answer B. Machine learning Which o...

Resilience - Answer A system that can absorb disturbances and still maintain the same function, structure, and feedbacks (Optimization and efficiency ruin resilience) Resilience rules of thumb (3) - Answer 1. More diversity is better (and redundancy) 2. Modularity is essential (the syst...

Dental degree granted - Answer DDS or DMD G.V. Black - Answer Grand old man of dentistry First college of dentistry - Answer Baltimore College of Dental Surgery Pedodontist - Answer a dentist who specializes in the care of children's teeth Orthodontist - Answer dentist ...

AIDA - Answer The AIDA model consists of four promotional jobs. The jobs are to get attention, to hold interest, to arouse desire, and to obtain action. Encoding and Decoding - Answer Encoding is the source deciding what it wants to say and translating it into words or symbols that will hav...

The AIDA model is used to move customers through the consumer decision journey as efficiently as possible. - Answer TRUE The first modern social networking site was: - Answer Friendster What do we call the first commercialization of the Internet that was basically filled with static webs...

Supervised learning - Answer A type of model creation where the target variable is defined Unsupervised learning - Answer A type of model creation that does not have a defined target variable. Predictive model - Answer A model intended to predict an outcome using a defined target vari...

Which costs related to the investment required to launch a data analytics initiative could undermine an insurer's cost reduction strategy - Answer The costs the implement machine learning techniques and to recruit, train, and retain personnel capable of executing data analytics strategies A...

Greatview Insurance wants to predict which auto liability claims will most likely go to litigation, so it can assign them to experienced adjusters early in the process. There are certain known indicators of litigation that Greatview wants to use in the data mining process. Which one of the following...

AIDA - Answer AIDA is a model of marketing that relates to the promotion of a product. It stands for Attention, Interest, Desire and Action. What does AIDA demonstrate - Answer the four stages of a promotion model which move the customer from a state where they have no awareness of the prod...

Stevens Insurance Agency is using social network analysis to predict the success of a target marketing effort for alumni from local universities. A logistic regression that models both local variables and network variables is being used. Which one of the following would be considered a network varia...