What Is the Purpose of a Decision Support System

question 124

Multiple Choice

What is the purpose of a decision support system?

• A) To relieve you of making structured, recurring decisions
• B) To assist you with making decisions
• C) To mine data warehouses and locate needed information so that you can make a decision
• D) To help diagnose problems in your organization and, possibly, your environment

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Definitions:

Portfolio Standard Deviation

A measure of the volatility of the returns on a portfolio, indicating the portfolio's overall risk level.

Countercyclical Stock

A type of stock whose performance is inversely related to the overall economic cycle, often performing better during economic downturns.

Expected Return

It represents the weighted average of all possible returns from an investment, considering the probabilities of each outcome.