Group Decision Support Systems (GDSS)

question 75

Multiple Choice

Group Decision Support Systems (GDSS) :

• A)are designed to allow meeting attendees to share their thoughts in real-time with their peers.
• B)support decisions that require knowledge about the geographic distribution of resources.
• C)are only used with geographically dispersed attendees.
• D)facilitate the solution of unstructured problems.
• E)provide tools that allow managers to visualize data.

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Definitions:

Margin Error

A measure indicating the extent to which the data collected in a poll or survey may differ from the actual values within the entire population, showcasing the uncertainty associated with sampling.

Confidence Interval

A confidence interval is a range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a certain level of confidence.

Population Standard Deviation

A measure of the dispersion or variation of a set of values in a population, calculated as the square root of the variance.

Reaction Time

Reaction time is the duration between the onset of a stimulus and the initiation of a response, often measured to assess sensory and cognitive processes.