MIS 2020 Midterm

Match the statement about guiding principles for the ethical use of AI to the correct statement. 1. Design AI technologies that are socially beneficial 2. Avoid forming or reinforcing unfair bias in AI systems 3. Incorporate transparency and accountability concerning AI practices Match each of the options above to the items below.

1. AI technologies should be advantageous for diverse populations and society as a whole. 2. Datasets and algorithms used in AI systems often include (whether intentional or unintentional) unfair or misrepresentational prejudice. 3. Disclosure of AI practices, procedures, applications, and methods is encouraged in order to create and maintain a positive AI culture.

The most popular cryptocurrency brokerage firm (exchange) in the world is

Coinbase

Bitcoin, Ethereum, and LiteCoin all use blockchain algorithms to control quantity and verify the validity of transactions. They are referred to as.

Crypto Currency

Seeing the success of Bitcoin's blockchain, but wanting to capitalize on the ability to create smart contracts, the developers of the ________ blockchain made it more flexible and faster than Bitcoin's blockchain.

Ethereum

Social media providers include which of the following web-based platforms?

Facebook Instagram Twitter

True or False: An organization is said to have "e-commerce universality" if it has a strong online presence that enables it to quickly sell its products and/or services to almost anyone, regardless of the time or their location.

False

True or False: The practice of trading used, old, or obsolete products via the internet in exchange for other used or similar products is called re-commerce.

False

Vector and raster files are

Geographic data

The unique identifying code contained in each block in a blockchain is called its

Hash

Some investors believe that digital art will always have value and will likely appreciate. Digital art is stored on NFTs. NFTs stands for ________-fungible tokens.

Non

Many AI and Computer Science degree paths have inter-related requirements, including coursework in computer programing, especially

Python

Data-driven decision making (DDDM) can be facilitated through a six-step processes of Ask, Prepare, Process, Analysis, Share, and Act. Which of these steps refers to creating visualizations and presentations for key stakeholders?

Share

True or False: Customer acquisition cost (CAC) is a metric that is used by e-commerce companies and other sales related organizations to assess the costs associated with convincing a potential customer to purchase a service or product.

True

True or False: In e-commerce, the term "information density" refers to both the total amount of information available to all individuals in a market (including customers and stakeholders) and the quality of this information.

True

Data analysts must blend facts and data with knowledge about the

business or organization

What is the first step in the six-step process of creating an SMIS?

create system goals that align with the goals of the organization

The 3-step data visualization process consists of exploring the data sets for pattern, then planning for visuals, and finally

creating your visuals.

Charging a fee, similar to a premium, for every transaction, ________ offer an easy way for cryptocurrency novices to gain trading experience.

cryptocurrency brokerage firms

One primary purpose or function of a company's social media information system (SMIS) is to connect the company's

customers on social media with its products and services on its website.

Trying to answer questions such as "what happened?" or "what is occurring?" or "what was the ROI?" is the role of

descriptive analytics.

A social media information system (SMIS) is composed of three parts, which are?

people, data and procedures, and hardware and software.

When data is anonymized, the PII is eliminated or encrypted. PII includes names, Social Security numbers, addresses, and more and stands for ______Blank identifiable information.

personally

Software used by social media information systems websites include

programs that analyze data.

Identify the steps in IBM's Ladder Approach to AI.

store secure visualize

Intel's XE-HP GPU, built in a collaboration between Intel, Hewlett Packard, and the Argonne National Laboratory is designed to support the Aurora

supercomputer