Ch. 4 Analytics

Question 1

making a choice that meets your needs and is satisfactory without necessarily being the best possible choice available.

Answer 1

satisficing

Question 2

involves processing a certain kind of information in a specified way so that you will always get the right answer

Answer 2

structured decision

Question 3

a type of decision for which there may be several “right” answers, and there is no precise way to get a right answer

Answer 3

non structured decision

Question 4

a type of decision that happens repeatedly, and often periodically, whether weekly, monthly, quarterly, or yearly

Answer 4

recurring decision

Question 5

a type of decision that you make infrequently (perhaps only once) and you may even have different criteria for determining the best solution each time

Answer 5

nonrecurring or ad hoc decision

Question 6

a highly flexible and interactive IT system that is designed to support decision making when the situation includes nonstructured elements

Answer 6

(DIS) decision support system

Question 7

allows you to communicate with the decision support system

Answer 7

user interface management component

Question 8

the part of a decision support system that performs the functions of storing and maintaining information and also that of giving you access to information you want your DSS to use.

Answer 8

data management component

Question 9

consists of a wide variety of statistical and analytical tools, techniques, and models

Answer 9

model management component

Question 10

a decision support system designed specifically to analyze spatial information

Answer 10

(GIS) geographic information system

Question 11

a highly computational data-mining technology that uses information and business intelligence to build a predictive model for a given business application

Answer 11

predictive analytics

Question 12

the question you want addressed by the predictive analytics model

Answer 12

prediction goal

Question 13

a process of using statistical, artificial intelligence, and linguistic techniques to convert information content in textual sources - like surveys, e-mails, blogs, and social media-into structured information

Answer 13

text analytics

Question 14

improving the visibility of a website through the use of tags and key terms found in search engines

Answer 14

(SEO) search engine optimization

Question 15

the science of making machines imitate human thinking and behavior

Answer 15

artificial intelligence (AI)

Question 16

an artificial intelligence system that applies reasoning capabilities to reach a conclusion

Answer 16

expert system or knowledge-based system

Question 17

an artificial intelligence system that is capable of finding and differentiating patterns

Answer 17

neural network

Question 18

mathematical method of handling imprecise or subjective information

Answer 18

fuzzy logic

Question 19

an artificial intelligence system that mimics the evolutionary, survival of the fittest process to generate increasingly better solutions to a problem

Answer 19

genetic algorithm

Question 20

a small piece of software that acts on your behalf (or another piece of software’s behalf) performing tasks assigned to it

Answer 20

agent-based technology or software agent

Question 21

software agent that can adapt and alter the the manner in which it attempts to achieve its assigned task

Answer 21

autonomous agent

Question 22

software agent that works on multiple distinct computer systems

Answer 22

distributed agent

Question 23

software agent that incorporates artificial intelligence capabilities such as learning and reasoning

Answer 23

intellectual agent

Question 24

software agent that can relocate itself onto different computer systems

Answer 24

mobile agent

Question 25

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

Answer 25

multi-agent system

Question 26

intelligent agents that search for information of some kind and bring it back (best known of these are buyer/shopping agents)

Answer 26

information agents

Question 27

intelligent agents that constantly observe and report on some entity of interest, a network, or manufacturing equipment

Answer 27

monitoring and surveillance agents

Question 28

intelligent agents that take action on your behalf, such as sorting your email by priority, dumping unsolicited email into your spam folder, and playing computer games as your opponent

Answer 28

user/personal agents

Question 29

operates in a dat warehouse discovering info

Answer 29

data-mining agent

Question 30

learning from ecosystems and adapting their characteristics to human and organizational situations

Answer 30

biomimicry

Question 31

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

Answer 31

swarm (collective) intelligence