Business Intelligence: Week 1: Discussion 1

Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.

Note: The first post should be made by Wednesday 11:59 p.m., EST. I am looking for active engagement in the discussion.  Please engage early and often.

Your response should be 250-300 words.  Respond to two postings provided by your classmates.

Week 1 Overview

This week, we will cover information in chapter 1 and 2 in the text.  The key topics that we cover in chapter one are a basic overview of business intelligence, analytics, data science, and artificial intelligence.  In chapter two we focus on the concepts, drivers, major technologies, and business applications in the Artificial Intelligence space.  

Please don't forget to complete the readings prior to answering the discussion questions this week.

Objectives

By the end of this week, you should be able to:

1. Understand the need for computerized support of managerial decision making.


2. Understand the development of systems for providing decision-making support.


3. Recognize the evolution of such computerized support to the current state of analytics/data science and artificial intelligence.


4. Describe the major AI technologies and some derivatives.


5. Discuss the manner in which AI supports decision making.

Read Chapter 1 and Chapter 2 in  Analytics, Data Science & Artificial Intelligence

   Review  Chapter 1 and Chapter 2  handouts

 Watch Chapter 1  and  Chapter 2  Videos

Chapter 1: https://s3.amazonaws.com/blackboard.learn.xythos.prod/5a31b16bb2c48/6824084?response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27Chapter%25201_Analytics%252C%2520Data%2520Science%252C%2520%2526%2520Artificial%2520Intellience%25283%2529.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20200824T150000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20200824%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=39a2d4c6e008057f1a838326fed01c5cc05b0b70ee762ac23a5cedd3bb5a888c

Chapter 2: https://s3.amazonaws.com/blackboard.learn.xythos.prod/5a31b16bb2c48/6824085?response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27Chapter%25202_Analytics%252C%2520Data%2520Science%252C%2520%2526%2520Artificial%2520Intellience%25281%2529.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20200824T150000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20200824%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=71d3036991fd7a24eaef37561ed8a64bc2468078159d63bb80a22e72f281f328

Chapter 1: Video: https://s3.amazonaws.com/blackboard.learn.xythos.prod/5a31b16bb2c48/6824086?response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27zoom_0.mp4&response-content-type=video%2Fmp4&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20200824T150000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20200824%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=17566b92a29aab047311b740389d54b95d90140b82df644a736719bbecee64d9

Chapter 1: Video: https://s3.amazonaws.com/blackboard.learn.xythos.prod/5a31b16bb2c48/6824087?response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27zoom_0%25281%2529.mp4&response-content-type=video%2Fmp4&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20200824T150000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20200824%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=ffa13b3a6295350122e0bb02894237a7881d30e6019c6dbd77c1acca2a0d2d04