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Series

2009

Discipline
Institution
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Publication

Articles 1 - 4 of 4

Full-Text Articles in Business Intelligence

The Data-Information-Knowledge-Wisdom Hierarchy And Its Antithesis, Jay H. Bernstein Jun 2009

The Data-Information-Knowledge-Wisdom Hierarchy And Its Antithesis, Jay H. Bernstein

Publications and Research

The now taken-for-granted notion that data lead to information, which leads to knowledge, which in turnleads to wisdom was first specified in detail by R. L. Ackoff in 1988. The Data-Information-Knowledge-Wisdom hierarchy is based on filtration, reduction, and transformation. Besides being causal and hierarchical,the scheme is pyramidal, in that data are plentiful while wisdom is almost nonexistent. Ackoff’s formulalinking these terms together this way permits us to ask what the opposite of knowledge is and whether analogous principles of hierarchy, process, and pyramiding apply to it. The inversion of the Data-Information-Knowledge-Wisdom hierarchy produces a series of opposing terms (including misinformation,error, …


Proctored Versus Unproctored Online Exams: Studying The Impact Of Exam Environment On Student Performance, Kimberly Hollister, Mark L. Berenson Jan 2009

Proctored Versus Unproctored Online Exams: Studying The Impact Of Exam Environment On Student Performance, Kimberly Hollister, Mark L. Berenson

Department of Information Management and Business Analytics Faculty Scholarship and Creative Works

Increasing numbers of universities are offering courses in online and hybrid formats. One challenge in online assessment is the maintenance of academic integrity. We present a thorough statistical analysis to uncover differences in student performance when online exams are administered in a proctored environment (i.e., in class) versus an unproctored environment (i.e., offsite). Controlling for student grade point average (GPA), no significant differences in mean overall course performance or exam performance between the two groups were found, nor were there any differences in the mean vectors of individual exam scores. The study reveals that the group taking online exams in …


An Automation Algorithm For Harvesting Capital Market Information From The Web, Pankaj Agrrawal Jan 2009

An Automation Algorithm For Harvesting Capital Market Information From The Web, Pankaj Agrrawal

Finance Faculty Scholarship

The purpose of this paper is to develop an algorithm to harvest user specified information on finance portals and compile it into machine‐readable datasets for quantitative analysis. The Visual Basic macro language in Microsoft Excel is applied to develop code that is not constrained by the single‐query function of Excel. The core of the algorithm is built around the splitting of the URL connector line and the placement of a continuously updating variable into which are looped as many tickers as there are in the input list. The output is then written to non‐overlapping cells. Numerical information placed on major …


A Relative Comparison Of Leading Supply Chain Management Software Packages, Zhongxian Wang, Ruiliang Yan, Kimberly Hollister, Ruben Xing Jan 2009

A Relative Comparison Of Leading Supply Chain Management Software Packages, Zhongxian Wang, Ruiliang Yan, Kimberly Hollister, Ruben Xing

Department of Information Management and Business Analytics Faculty Scholarship and Creative Works

Supply Chain Management (SCM) has proven to be an effective tool that aids companies in the development of competitive advantages. SCM Systems are relied on to manage warehouses, transportation, trade logistics and various other issues concerning the coordinated movement of products and services from suppliers to customers. Although in today’s fast paced business environment, numerous supply chain solution tools are readily available to companies, choosing the right SCM software is not an easy task. The complexity of SCM systems creates a multifaceted issue when selecting the right software, particularly in light of the speed at which technology evolves. In this …