Frequently Asked Questions about Decision Support Systems by Dan Power
19 results for "fraud"
| Question | Category | Date |
|---|---|---|
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How can analytics and decision support reduce insurance fraud?
by Daniel J. Power Editor, DSSResources.COM Preventing and detecting insurance fraud is a critical task at insurance companies. There is some evi... |
DSS Foundations | Mar 02, 2014 |
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What is big data?
by Daniel J. Power Editor, DSSResources.COM Big data is an overused and somewhat confusing phrase. Big data is characterized by high volume, low... |
DSS Foundations | Jul 02, 2018 |
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What is data mining and how is it related to DSS?
by Daniel Power Editor, DSSResources.com Data mining is a data analysis innovation first discussed in the 1990s. "Big data" and analytics has led... |
Knowledge-driven DSS | Nov 30, 2015 |
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What is machine learning?
by Daniel J. Power Editor, DSSResources.COM "A computing machine learns to make and improve its predictions by performing calculations from data a... |
DSS Foundations | Apr 01, 2017 |
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What are some use cases with expanded data sources?
by Daniel J. Power Editor, DSSResources.COM Data volume is expanding rapidly, data variety is increasing and is coming from new sources, and data... |
DSS Foundations | Dec 21, 2014 |
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What decision support data should be anonymous, confidential, private?
by Daniel Power Editor, DSSResources.com Big data can mean big problems for individuals and organizations. Edward Snowden's NSA leaks demonstrat... |
DSS Foundations | Sep 29, 2013 |
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Who uses computerized decision support?
by Dan Power Editor, DSSResources.com Many people use computerized decision support for work and in recent years to aid in personal decision maki... |
Building DSS | Sep 02, 2012 |
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What are common data mining mistakes?
by Dan Power Editor, DSSResources.com Data mining is a broad term for identifying patterns in data, analyzing data and summarizing it into useful... |
DSS Foundations | Dec 19, 2010 |
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Can computerized decision support reduce information asymmetry?
by Dan Power Editor, DSSResources.com In multiparty decision situations, one party often has better information than another. These situations c... |
DSS Foundations | Apr 29, 2012 |
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How do data analytics support data-based decision-making?
by Ciara Heavin and Daniel J. Power Analysis of data or data analytics is an integral component of a successful organizational digital transforma... |
DSS Foundations | Nov 27, 2017 |
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Does the term big data have utility for managers?
by Daniel J. Power Editor, DSSResources.COM Big data is a colorful phrase for a significant change in data capture, retrieval and storage. Each... |
Data-driven DSS | Apr 10, 2014 |
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How do predictive analytics support decision making?
by Dan Power Editor, DSSResources.com Predictive analytics is a general term for using simple and complex models to support anticipatory decisio... |
Building DSS | Jul 30, 2012 |
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Who uses computerized decision support and analytics?
by Daniel J. Power Editor, DSSResources.COM and Ciara Heavin Managing Editor, Journal of Decision Systems Traditionally, many researchers a... |
DSS Foundations | Jan 08, 2017 |
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Did decision automation cause the subprime mortgage crisis?
by Daniel J. Power Editor, DSSResources.COM Actions of greedy and naive people caused the crisis. People built and implemented the computerized d... |
DSS Foundations | Sep 14, 2018 |
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What is machine data?
by Dan Power Editor, DSSResources.com Machine data can be used to provide decision support for relevant decision tasks in organizations. Machine ... |
Data-driven DSS | Feb 27, 2013 |
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How might AI, Blockchain and Decision Support impact Accounting and Auditing?
by Daniel J. Power Editor, DSSResources.COM Historically, bookkeepers, accountants, and auditors have maintained financial records and created de... |
DSS Foundations | Oct 14, 2018 |
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What should managers know about predictive analytics and model-driven decision support?
by Dan Power Editor, DSSResources.COM Companies are implementing predictive analytics and quantitative models to assist managers. There remain ... |
DSS Foundations | Aug 19, 2012 |
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What are example uses of business analytics?
by Daniel J. Power Editor, DSSResources.COM There are many applications and uses of business analytics. Quantitative and analytical models and to... |
DSS Foundations | Nov 24, 2018 |
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Can 'Big Brother' watch us?
by Dan Power Editor, DSSResources.com "Big Brother" is a familiar metaphor that conjures up visions of political surveillance, political control... |
DSS Foundations | May 30, 2016 |
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