Which of the Following Observations Concerning Expert Systems Is True

question 112

Multiple Choice

Which of the following observations concerning expert systems is true?

• A) The "If/Then" rules used in these systems are created by mining data.
• B) These systems have lived up to the high expectations set by their name.
• C) These systems typically have fewer than a dozen rules.
• D) These systems encode human knowledge in the form of "If/Then" rules.

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Definitions:

Holding-Period Return

The total return received from holding an asset or portfolio over a period of time, considering all sources of income and capital gains.

Capital Gains Yield

The price appreciation component of the total return on an investment, calculated as the rise in the investment's price divided by its initial price.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its share price.

Real Rate of Return

The annual percentage return realized on an investment, adjusted for changes in prices due to inflation or other external factors.