A Computer System Programmed to Simulate Human Thinking in Solving

question 175

Multiple Choice

A computer system programmed to simulate human thinking in solving problems and making judgments is called __________

• A) an algorithm.
• B) artificial neural networking.
• C) robotics.
• D) artificial intelligence.

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Definitions:

Break-Even Sales Increase

The amount of additional sales needed to cover the costs of a new investment or project, without incurring any loss.

Effective Annual Rate

The interest rate on an investment or loan, which takes compounding into account and is expressed as an annual rate.

Credit Terms

The conditions, including repayment period and interest rates, under which credit is extended by a lender to a borrower.

Credit Extended

Credit extended refers to the amount of credit or loan a lender provides to a borrower, allowing them to purchase goods or services on credit.