MIS 2020 Midterm

Select the true statements about Generative Adversarial Networks (GANs).

-GANs are designed to compete against each other (this is why they are termed adversarial) to create artificial instances of data that are interpreted as real data. -The neural networks in a GAN include a generative network -The neural networks in a GAN include a discriminative network.

Select the true statements about information architecture (IA).

-IA is a crucial component of the overall AI strategy of an organization -IA is about helping people understand their surroundings and allowing them to find what they're looking for in the real world and online. -Many experts agree that there is no AI without the analysis and implementation of IA.

Select the true statements about unsupervised learning.

-In unsupervised learning, machine learning algorithms are used to examine and cluster unlabeled data sets. -Unsupervised algorithms are used to uncover hidden associations within the data sets or patterns within data sets that may go unnoticed without the assistance of humans. -One of the benefits of unsupervised learning is the decrease of complexity due to the large volumes of data needed to train the system and the need for human intervention to validate results.

Which of the following are ethical considerations of AI?

-PrivacyPrivacy -Human Judgment -Ease of Adoption

Which of the following are steps you can take to learn about artificial intelligence (AI)?

-understand algorithm procedures and development -learn about data collection and analysis -join online AI communities

The native cryptocurrency of the Cardano blockchain is called

Ada.

Started as a spoof to mock the investor speculation, ________ has become a surprisingly large cryptocurrency by market capitalization.

Dogecoin (DOGE)

If you purchase Ethereum (coins), the transaction operates on the ________ blockchain, since it is a native coin.

Ethereum

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

Facebook, Instagram, and Twitter

Hardware, software, data, and procedures are four of the five components of a social media information system (SMIS). True or False

False

In an e-commerce presence map, the activity includes the methods used to reach stakeholders and customers, including desktop and mobile platforms, social media sites such as Instagram or Facebook, blogs, magazines, radio stations, and TV stations? True or False

False

Information about geographic locations that is stored in a geographic information system (GIS) is referred to as geoadvertising. True or False

False

The type of e-commerce transaction that allows consumers to interact with government or authoritative bodies for activities such as paying taxes, securing building permits, or paying tuition at a university, is referred to as a consumer-to-governance transaction. True or False

False

Which of the following is a popular Microsoft data analytics program that offers business intelligence as well as data visualization?

Power BI

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

The first two steps of the six-step process in creating a social media information system (SMIS) involve developing social media goals and setting metrics. What are the third and fourth steps of the process?

Step 3: identify the organization's target market; Step 4: determine and integrate into the SMIS design traits valued by the target market.

Which of the following is a popular data analytics program that offers business intelligence as well as data visualization?

Tableau

A company's value proposition is what its customers and stakeholder's value about its products, services, and other areas or aspects of the company. True or False

True

Writing down your private key and storing it in a secure site is referred to as using

a paper wallet

So that investors have confidence in a stablecoin, developers must ________ the stablecoin.

collateralize

DeFi stands for ______ finance

decentralized

A company that has created connections with its target markets on social media can depend on these followers to regularly engage with its posted content and create traffic to its website. true or false

false

A cost-benefit analysis is a useful tool used to analyze the costs associated with implementing a project or set of activities and the benefits that would be achieved if the money was instead returned to the investors. true or false

false

A target market for an organization is the online audience that has demonstrated its interest in the organization's products, services, or activities by following or engaging with the organization on social media. true or false

false

Buying and selling of goods and services that are executed through wireless mobile devices (including smartphones and tablets) are known as C-commerce transactions. true or false

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. True or false

false

The type of e-commerce transactions that involve the selling of goods and services between businesses is vendor-to-vendor (V2V) e-commerce. true or false

false

Data transformation is the process of converting the _____Blank of data.

format

The same artist might paint two very similar paintings, but each will still be unique in some way. This means that they are non-

fungible

The price of conducting transactions on blockchains is known as the

gas fee

Vector and raster files are

geographic data

If an organization wants to increase user engagement on social media, it wants to

increase the conversion rate of its social media posts to interactions with users.

An appropriate social media goal for a business that wishes to raise its public profile is

increasing brand awareness

Under development at MIT, photonic crystals allow solar panels to be twice as efficient by absorbing and converting the sun's

light

Built on real-time geodata and information provided from wireless mobile devices, ________ are widely used in m-commerce.

location-based services (LBS)

E-commerce transactions that are executed using wireless mobile devices are known as

m-commerce

Qualitative data that is not categorized is called nominal data. Qualitative data that is categorized (ranked, for example) is considered ____data.

ordinal

Also called direct trading platforms or over-the-counter (OTC), ________ involve low or no transaction fees.

peer-to-peer (P2P) cryptocurrency exchanges

When scammers describe their big gains and provide a fraudulent link with an easy mechanism to purchase the cryptocurrency and then defraud investors, it is called a

pig butchering scam

A mathematical framework that can be used to analyze how much an algorithm recalls data and information about individuals is called differential ________

privacy

Binance's blockchain, which it calls a "Smart Chain" uses the ________ consensus mechanism.

proof-of-authority (POa)

Collections of related fields in a database are referred to as

records

In order to be considered open data, databases must provide access rights so that they can be

redistributed

Most successful hacks that occur today are conducted through

social engineering.

Of the listed methods of collecting demographic information, which is the most effective for organizations defining their target market?

social media

One way to visualize a data ecosystem is to apply it to the data project life cycle. The Data Science Ready project outlines the five steps of the data project life cycle. The final stage in this life cycle is

spreadsheet

was launched in 2014 by Skype co-founders, Ahti Heinla and Janus Friis. The company's vision is to revolutionize food and package deliveries across the globe. Starship robots can carry items within a 4-mile radius.

starship

One way to visualize a data ecosystem is to apply it to the data project life cycle. The Data Science Ready project outlines the five steps of the data project life cycle. The final stage in this life cycle is

storage

When selecting the right data, it is important to be aware of the source of the data. For example, data that is sold by an entity that didn't actually collect the data is considered ______ data.

third-party

Binance, headquartered in the Cayman Islands, and Mandala Exchange in Malta, are by far the largest

traditional cryptocurrency exchanges

M-commerce is a subset of

traditional e-commerce

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 or false

true

People who register with social media providers in order to engage make up social media communities. true or false

true

E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.

ubiquity