With Respect to the Types of Information Systems Used in Organizations,an

question 40

Multiple Choice

With respect to the types of information systems used in organizations,an automated system for analyzing bank loan applications is an example of a(n) ________ system.

• A) geographic information
• B) electronic commerce
• C) social software
• D) visualization
• E) intelligent

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Definitions:

Pearson Correlation

A measure of the linear relationship between two quantitative continuous variables, ranging from -1 to 1, where 1 means a perfect positive correlation and -1 a perfect negative correlation.

Price Per Barrel

The cost of a barrel of goods, commonly used to denote the cost of a barrel of crude oil in financial markets.

Confidence Interval Estimate

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

Prediction Interval

A range of values that is likely to contain the value of an unknown parameter for a future observation, with a specified level of confidence.