Professional Documents
Culture Documents
Short Question
Short Question
Short Question
Types of Data :
1. Alpha Numeric Data
2. Image Data
3. Audio Data
4. Video Data
5. Textual Data
//FOR KNOWLEDGE
open systems are those that interact with their environment by exchanging matter and energy
with it, while closed systems are isolated from their environment and do not exchange matter
and energy.
Open systems have frequent interactions with their environment, making them adaptable and
flexible, but also less stable and predictable. Closed systems have limited interactions with their
environment, making them stable and predictable, but less adaptable and flexible
//FOR KNOWLEDGE
In summary, probabilistic systems are those in which outcomes are uncertain and subject to
chance, with inputs that consist of random variables, and outputs that are expressed as
probabilities and statistics. Examples of probabilistic systems include weather forecasting and
gambling. Deterministic systems, on the other hand, are those in which outcomes are
determined and can be predicted, with known and fixed inputs that result in exact values or
precise outcomes. These systems are based on cause-and-effect relationships and are often
described using mathematical equations or physical laws. Examples of deterministic systems
include classical physics and mathematical models. Probabilistic systems have limited
predictability, while deterministic systems have high predictability, but they also have lower
flexibility and adaptability compared to probabilistic systems
data collection
data editing
data correction
data manipulation
data storage
document production & reports
Financial Model
Statistical Analysis Model
Graphical Model
Project Management Model
Handle Large Am
ount of Data From Different Sources
Provide Report & Presentation Flexibility
Offer Both Textual & Graphical Orientation
Support Drill-Down Analysis
Perform Complex, Sophisticated analysis & Comparisons Using Advanced Software Packages
Simulation
Goal Seeking Analysis