a. (2 marks) How is machine learning technique helping Dr. Mike to overcome his mental depression? b. (3 marks) Based on the above scenario, can machine learning play any role in case of fraudulent detection? If yes then how? c. (2 marks) Is there any automated system nowadays that can help Dr. Mike for the investment decisions of his savings?

MIS
9th Edition
ISBN:9781337681919
Author:BIDGOLI
Publisher:BIDGOLI
Chapter7: The Internet, Intranets, And Extranets
Section: Chapter Questions
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Question 3
Dr. Mike is a specialist doctor. Recently he retired from his position with dignity. However, after retirement he is feeling a bit depressed since most of the
time he has almost nothing to do. It is slowly affecting his mental health. He is also finding it hard to keep up with household work. He suddenly found
some mobile applications which were like a lifesaver for him. There were several therapeutic apps available that ranged from chatbot to music therapy.
Alongside, he was worried about his savings as well since many monetary fraudulent cases are occurring nowadays. Although he heard that machine
learning is helping a lot to avert these fraudulent cases recently.
a. (2 marks) How is machine learning technique helping Dr. Mike to overcome his mental depression?
b. (3 marks) Based on the above scenario, can machine learning play any role in case of fraudulent detection? If yes then how?
c. (2 marks) Is there any automated system nowadays that can help Dr. Mike for the investment decisions of his savings?
d. (3 marks) Can any technology help Dr. Mike nowadays to do different household chores? What could be its future impact?
Transcribed Image Text:Question 3 Dr. Mike is a specialist doctor. Recently he retired from his position with dignity. However, after retirement he is feeling a bit depressed since most of the time he has almost nothing to do. It is slowly affecting his mental health. He is also finding it hard to keep up with household work. He suddenly found some mobile applications which were like a lifesaver for him. There were several therapeutic apps available that ranged from chatbot to music therapy. Alongside, he was worried about his savings as well since many monetary fraudulent cases are occurring nowadays. Although he heard that machine learning is helping a lot to avert these fraudulent cases recently. a. (2 marks) How is machine learning technique helping Dr. Mike to overcome his mental depression? b. (3 marks) Based on the above scenario, can machine learning play any role in case of fraudulent detection? If yes then how? c. (2 marks) Is there any automated system nowadays that can help Dr. Mike for the investment decisions of his savings? d. (3 marks) Can any technology help Dr. Mike nowadays to do different household chores? What could be its future impact?
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