Peregrine Exam Day 10 Questions With Verified Solutions

Peregrine Exam Day 10 Questions With Verified Solutions Artificial intelligence - answera subdiscipline of computer science that attempts to simulate human thinking Facts - answerinformation that is true or demonstrable Assumptions - answerPremises for which no proof or evidence is offered. Management Information Systems (MIS) - answerA 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? - answerword processing, email and voicemail What are knowledge work systems? - answerComputer-aided design systems, virtual reality system, financial workstations Decision Report System - answera computerized program used to support determinations, judgements and courses of action in an organization or a business. A DSS differs from what? - answerOrdinary operations application What does a DSS do? - answerAllows for more informed decision- making, timely problem- solving, and improved efficiency in dealing with issues or operations, planning and even management. Forecasting - answermethod for predicting how variables will change the future Qualitative Model - answershows an economic truth without a prediction market research - answerThe activity of gathering information about consumers' needs and preferences. Delphi Method - answerform of qualitative forecasting that involves consensus of a group of experts using a multi-stage process to converge on a forecast. quantitative models - answerEmploy computer simulation models involving statistical techniques Indicator approach - answerEstimating capital charges for operation ai risk