Question 1

An admissions committee decides to incorporate a measure of resilience alongside grades in its AI-based selection criteria. Which challenge is the committee likely to face with this approach to individual fairnes

Options :

A : Defining resilience as a measurable trait

B : Avoiding direct discrimination

C : Ensuring grades remain the sole basis for admissions

D : Guaranteeing equal admissions for all applicants

Answer: A

Question 2

A financial trading algorithm uses a multi-arm bandit approach with three different investment strategies and is set to initially experiment more but gradually shift to exploitation. How can this exploration rate adjustment be achieved in the ε-greedy strategy?

Options :

A : Set a high constant ε value

B : Gradually decrease ε using a decay factor

C : Use a fixed ε = 0.5 throughout

D : Increase ε over time

Answer: B

Question 3

A retail company wants to categorize thousands of product images quickly with limited computational resources. They decide to use a CNN with pooling layers. What is the primary benefit of including pooling layers in their CNN model?

Options :

A : Increases the model-s accuracy

B : Reduces computational requirements

C : Helps retain high-level details

D : Prevents overfitting by regularization

Answer: B

Question 4

An analyst is examining customer satisfaction levels (low, medium, high) to develop a predictive model. Which type of model should the analyst use to incorporate the ordered nature of satisfaction levels?

Options :

A : Multinomial logit model

B : Ordered logit model

C : Binary logit model

D : Linear regression model

Answer: B

Question 5

Which term best describes a dataset that includes a mix of organized, structured financial data and unstructured text data from customer reviews?

Options :

A : Structured data

B : Unstructured data

C : Semi-structured data

D : Binary data

Answer: C

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