Chapter 2: Using AI to Make Business Decisions

Question 1

Artificial intelligence (AI)

Answer 1

Simulates human intelligence such as the ability to reason and learn

Question 2

Intelligent system

Answer 2

Various commercial applications of artificial intelligence

Question 3

Machine Learning

Answer 3

A type of artificial intelligence that enables computers to both understand concepts in the environment, and also to learn

Question 4

Name the five most common categories of AI

Answer 4

1) Expert Systems
2) Neural Networks
3) Genetic Algorithms
4) Intelligent Agents
5) Virtual Reality

Question 5

1) Expert Systems

Answer 5

Computerized advisory programs that imitate the reasoning processes of experts in solving difficult problems

Question 6

2) Neural Network

Answer 6

Attempts to emulate the way the human brain works

Question 7

3) Genetic Algorithm

Answer 7

An artificial intelligent system that mimics the evolutionary, survival-of-the-fittest process to generate increasingly better solutions to a problem

Question 8

4) Intelligent Agent

Answer 8

Special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users

Question 9

5) Virtual Reality

Answer 9

A computer-simulated environment that can be a simulation of the real world or an imaginary world