Data mining facilitates - Study guides, Class notes & Summaries

Federal Rules of Civil Procedure - A set of rules established to ensure that civil actions and procedures move through the United States district courts as quickly as possible Expert System method - A method of setting reserves with a software application that estimates losses and loss adjustment expenses Contributory Negligence - A common-law principle that prevents a person who has been harmed from recovering damages if that person's own negligence contributed in any way to the harm Acc...

Sets of data that are too large to be gathered and analyzed by traditional methods - correct answer-Big Data An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved - correct answer-Smart Product A network of objects that transmit data to and from each other without human interaction - correct answer-Internet of Things (IoT) Information, technology, and sto...

Smart Products - Answer An innovative item that uses sensors and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved Internet of Things (IoT) - Answer A network of objects that transmit data to and from each other without human interaction Blockchain - Answer A distributed that facilitates secure transaction without the need for a third party Telematics - Answer The use of technological devices in vehicles with wire...

Sets of data that are too large to be gathered and analyzed by traditional methods - Big Data An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved - Smart Product A network of objects that transmit data to and from each other without human interaction - Internet of Things (IoT) Information, technology, and storage services contractually provided from remote ...

Sets of data that are too large to be gathered and analyzed by traditional methods correct answersBig Data An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved correct answersSmart Product A network of objects that transmit data to and from each other without human interaction correct answersInternet of Things (IoT) Information, technology, and storage s...

Sets of data that are too large to be gathered and analyzed by traditional methods - correct answerBig Data An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved - correct answerSmart Product A network of objects that transmit data to and from each other without human interaction - correct answerInternet of Things (IoT) Information, technology, and storag...

CAIA Level I Exam 2023 5th percentile vs 25th percentile performance - CORRECT ANSWER-5th percentile managers outperform in every comparison BUT 25th percentile managers' performance is more volatile --> even if 25th percentile managers outperform they tend to mean revert --> demonstrates the perils of choosing managers based on historical performance alternative asset performance evaluation - CORRECT ANSWER-unlike in traditional assets, alpha is difficult to define in alterna...

classification tree parts - root node: first node in a classification tree leaf nodes: terminal node that is used to classify an instance recursively: successfully applying a model training data: used to train a predictive model, has known values holdout data: existing data not used for training, tests the model 3 Quality Measures of a Claims Dept - - best practices - claims audits - customer satisfaction data Diff types of claims investigations - - accident scene investigation - proper...

Big Data correct answersSets of data that are too large to be gathered and analyzed by traditional methods. Smart product correct answersAn innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved. Internet of Things (IoT) correct answersA network of objects that transmit data to and from each other without human interaction. Cloud computing correct answer...

Nursing informatics (what is it) correct answers Integrates nursing science, computer science, information science, and information technology to manage and communicate data, information, knowledge, and wisdom Nursing informatics (what it does) correct answers § improving patient care and meeting regulatory requirements § Facilitates decision making in all nursing roles through the use of information systems and technology There are two types of information systems correct answers admin...