According to the Text, AI-Powered Bots Can Be Applied in Which

question 36

Multiple Choice

According to the text, AI-powered bots can be applied in which if the following ways in marketing?

• A)Responding to first-line questions and requests
• B)Using bots for real time, 24/7 communication
• C)Guiding customers towards completing their transactions
• D)Shopping online, on behalf of human owners
• E)All of the above

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Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.

Risk Aversion

The premise that most people prefer lower risk investments when expected returns are about equal.

NPV

Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project.

Abandonment Option

In project management and finance, the option to cease investment in a project if it doesn't meet certain criteria, minimizing losses.