Question 1

A Board of Directors at a global tech firm is considering developing a data-collection AI that could enhance user experience but involves intrusive tracking. According to rule consequentialism, how should they decide?

Options :

A : Approve the AI if it increases company revenue and shareholder value

B : Approve the AI if it adheres to rules that generally maximize trust and benefit users

C : Reject the AI if it does not comply with all regional data privacy laws

D : Reject the AI as it could potentially reduce the number of future data projects

Answer: B

Question 2

Which data visualization tool is best suited for assessing whether a dataset follows a normal distribution?

Options :

A : Histogram

B : Boxplot

C : Normal Q-Q Plot

D : Line Chart

Answer: C

Question 3

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 4

An investment firm is setting up its model risk management framework. Who is primarily responsible for approving or rejecting models based on validation results?

Options :

A : Model developers

B : Internal auditors

C : Senior management

D : Model validators

Answer: C

Question 5

The CEO is concerned about the societal impact of a new AI-driven social media algorithm that recommends content. From a practical ethics viewpoint, what approach should the company take?

Options :

A : Design the algorithm to prioritize user engagement above all

B : Incorporate stakeholder feedback to align the algorithm with societal values

C : Allow the algorithm to operate without restrictions to maximize revenue

D : Use only deontological principles in its design for strict ethical compliance

Answer: B

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