Definition of Heuristics:
A heuristic process or method.
Digital technology has disrupted all industries including finance, retail, media, and transportation. Suddenly, once typical daily activities have become outdated. Checks are deposited to bank accounts without visiting a local branch, products and services are purchased online and take-out food is delivered by food service delivery apps. Technology is creating data, which is increasingly shared across multiple industries and sectors, and a professional in any industry may find themselves working with mounds of complex data to solve a problem. Heuristic methods can help with data complexity given limited time and resources.
Trial-and-error procedure for solving problems (or reaching an unclear goal) through incremental exploration, and by employing a known criteria to unknown factors. For example, trying to climb a fog shrouded hill by making every step an upward-step. In journalism, a well known heuristic is asking Who? What? When? Where? Why? in investigating a news story. A heuristic employs independent discovery, and relies heavily on common sense, creativity, and learning from experience. Unlike an algorithm, however, it offers no guaranty of solving any problem. From Greek heuriskein, to discover. See also lateral thinking.
Heuristics are a problem-solving method that uses shortcuts to produce good-enough solutions given a limited time frame or deadline. Heuristics are a flexibility technique for quick decisions, particularly when working with complex data. Decisions made using an heuristic approach may not necessarily be optimal. Heuristic is derived from the Greek word meaning “to discover”.
Enabling a person to discover or learn something for themselves.
Synonyms of Heuristics
Informative, Instructional, Informational, Illuminating, Enlightening, Revealing, Explanatory, Telling
How to use Heuristics in a sentence?
- Heuristics are methods for solving problems in a quick way that delivers a result that is sufficient enough to be useful given time constraints.
- Investors and financial professionals use a heuristic approach to speed up analysis and investment decisions.
- Sometimes using heuristics can let you know what the real problem was and fix it faster than trying another method,.
- Heuristics can lead to poor decision making based on a limited data set, but the speed of decisions can sometimes make up for the disadvantages.
- If you are having a problem and cant come up with a solution just keep trying heuristics until something works out.
- A ‘hands-on’ or interactive heuristic approach to learning.
- Often times I may simply use heuristics to approximate our current position to get a feel for and understand the situation.
- It should be pointed out that this process is a heuristic.
Meaning of Heuristics & Heuristics Definition