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Info Tech Midterm

Chapters 4, 5 and 6

QuestionAnswer
Machine Learning (ML) uses smaller neural networks and catagorized data to learn to preform a single function
Application Programming Interfaces (APIs) Connects systems to share data or software systems being able to communicate with eachother
Types of APIs Public, Internal, Partner and Composite
Limitations of API Has Non-Determinism, Hallutinates and limited use cases
Benefits of APIs improves productivity, more innovation, more security, reduces need for in-house development and can access 3rd party tools
Ways to Collaborate with AI Mirroring, Assistant, Guide and Oracle
Assistant vs. Guide Assistant allows for your own ideas to be validated instead of influenced through a guide
Retrieval-Augmented Generation (RAG) focuses on specifics of the knowledge given and uses a workflow without an agentcy placed
How does RAG work? User asks a question, it finds relevant information from knowledge base given, combines question + info and then generates an answer
AI Agent Characteristics autonomous, goal-oriented, adaptive and provides decision making
AI Agent Challenges Vulnerable, not trustworthy, explains action policies poorly and needs human oversight/control
The 3 Roles for Managers Interpersonal (guide employees), Informational (obtain and transfer info) and decisional (take action after analysis)
3 Main Business Problems Operational, Managerial and Strategic
Data Analytics vs. Analysis Analytics forecasts for future events and advances facts and algorithms to get better insights while Analysis understands the past processes inspections to find useful information
Business Analysis vs. Analytics Analysis looks at the business, evaluates problems and finds solutions while Analytics looks at trends in the business to make it the most successful and is predictive
Types of Data Analytics and Analysis Descriptive, Diagnostic, Predictive and Perspective
Benefits of Diganostics Deeper insights, improved problem solving, lower risks, higher costumer satisfaction, etc
Trends vs. Patterns Trends go in a general direction of some measurement overtime while a pattern is distinctive changes that repeats in some measurement overtime.
Benefits of Human AI Collab Enhanced Quality, Higher productivity and efficiency
Challenges of Human AI Collab Lowers employees expertise and cannot understand why or how tasks are formed and loss of knowledge and skills
Mental Models how you conceptualize reality through an individual's internal repersentation of the external world
How to evaluate generated output accuracy, relavence, fluency, transparency, safety and human alignment
autonomous weapons created using machine learning and can engage and destroy targets without a human's help, which makes it easier for world conflicts to occur
Audits are used for which 2 biases? actions or interventions that do not represent everyone and outcome of those actions that makes the system overall wrong
Why is there a data warehouse? integrated, subject oriented and is non-volatile, has information needed for managers, simplistic and can process large sets of data daily
Created by: evehec
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