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Decision Support Systems

 

1.    Explain what it means to do text mining. Is it the same as data mining?

2.    Name and describe the most popular areas of text mining.

3.    What is Natural Language Processing (NLP) and why is it important?

4.    The text mining process consists of 3 steps. Name and explain these steps.

5.    Explain Sentiment Analysis? How can it be used in the business environment?

6.    Explain web mining? What are some of the challenges for effective and efficient knowledge?

7.    Explain the structure of an internet search engine.

8.    How has Decision Support System modeling helped organizations decision making process?

9.    Explain the structure of a Quantitative Model in prescriptive analytics?

10. Explain risk analysis and why is it important in decision making?

11. Decision analysis involves decision trees and tables. Explain these two concepts.

12. What are algorithms? Explain one that we discussed in class.

13. Explain the characteristics of Simulation?

14. Explain the methodology of Simulation?

15. Explain the architecture of an Automated Decision System?

16. Explain the structure/architecture of an Expert System?         

17. Explain the process of Knowledge Engineering?

18. What is Artificial Intelligence? What are the 2 major components? 

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