Question 1 (1 point) _____ is a mathematical theory for developing strategies th

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Question 1 (1 point)

_____ is a mathematical theory for developing strategies that maximize gains and minimize losses while adhering to a given set of rules and constraints.

Question 1 options:

Parrondo's paradox

Bioinformatics

Game theory

Chainstore paradox

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Question 2 (1 point)

Pilot start-up involves running both the old and new systems for a period of time.

Question 2 options:

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Question 3 (1 point)

A _____ is a critical date for completing a major part of a project, such as program design, coding, testing, and cutover.

Question 3 options:

project milestone

project deadline

project schedule

project due-date

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Question 4 (1 point)

Which of these is an advantage of prototyping?

Question 4 options:

Users can try the system and provide constructive feedback during development.

Formal end-of-phase reviews take place systematically.

System documentation is always complete because the primary focus is on development of a prototype.

There is a lot of attention given to system backup and recovery, performance, and security.

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Question 5 (1 point)

The Pareto principle is also known as the _____.

Question 5 options:

result rule

cause rule

50-50 rule

80-20 rule

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Question 6 (1 point)

_____ is the creation, modification, or extension of software by people who are nonprofessional software developers.

Question 6 options:

Mobile application development

Object-oriented systems development

User-oriented systems development

End-user systems development

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Question 7 (1 point)

Expert systems, robotics, vision systems, natural language processing, learning systems, and neural networks are all part of the broad field of artificial intelligence.

Question 7 options:

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Question 8 (1 point)

_____ creates a complete set of technical specifications that can be used to construct an information system.

Question 8 options:

Systems design

Systems investigation

Systems analysis

Systems development

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Question 9 (1 point)

In the system construction phase, determining the specific equipment needed, ordering the equipment, and receiving the equipment require a short lead time.

Question 9 options:

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Question 10 (1 point)

The _____ stores all relevant information, data, rules, cases, and relationships that an expert system uses.

Question 10 options:

inference engine

knowledge base

user interface

data warehouse

Parrondo's paradox

Bioinformatics

Game theory

Chainstore paradox

Explanation / Answer

1.

Correct Answer:

Game Theory

Explanation:

It is a strategic approach to identify the best ways to take initiatives in the market. Thus, firms find an equilibrium position that suits them in best possible manner.

2.

Correct Answer:

False

In a given type of startup, only new system is used for a period of time. It is the parallel startup where both systems are used.

3.

Correct Answer:

Project Milestone

It is a very important date as far as the project is concerned. It is recognized as the date when an major part of project is completed.

4.

Correct Answer:

Users can try the system and provide constructive feedback during development.

It is the primary advantage of prototype.

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