Business Analytics batch 2 Unit -01 -Day-4-Advanced-AI-in-Business-Analytics

Question 1

True or false: AI can't process real-time data.

Accepted Answer

False

Question 2

What cost reduction can AI adoption bring?

Accepted Answer

30% cost cut

Question 3

True or false: AI can create synthetic data.

Accepted Answer

True

Question 4

What does the AI in 'AI in Finance' primarily focus on?

Accepted Answer

Fraud Detection

Question 5

Which AI capability does Generative AI provide?

Accepted Answer

Data creation

Question 6

True or false: IoT adjusts supply chains instantly.

Accepted Answer

True

Question 7

How does AI optimize Walmart's supply chain?

Accepted Answer

Reduces stockouts

Question 8

True or false: AI can optimize retail supply chains.

Accepted Answer

True

Question 9

True or false: AI can't create synthetic data.

Accepted Answer

False

Question 10

What does the AI Ethics Officer role involve?

Accepted Answer

Oversight

Question 11

What percentage of enterprises will use AI for decisions by 2026?

Accepted Answer

70%

Question 12

How does Generative AI enhance data privacy?

Accepted Answer

Creates synthetic data

Question 13

Which AI skill is crucial for leaders?

Accepted Answer

Ethics

Question 14

What is Walmart's AI accuracy for demand prediction?

Accepted Answer

95% accuracy

Question 15

What is the main benefit of using AI in marketing?

Accepted Answer

Increased personalization

Question 16

Which AI application is used in marketing for segmentation?

Accepted Answer

AI in Marketing

Question 17

What is the main function of Generative AI in business analytics?

Accepted Answer

Data synthesis

Question 18

Which AI tool is essential for building ethical AI?

Accepted Answer

Microsoft's Responsible AI Toolkit

Question 19

What does BI stand for in AI-powered BI?

Accepted Answer

Business Intelligence

Question 20

Which AI tool helps Delta Airlines reduce errors?

Accepted Answer

Power BI + AI

Question 21

What is the AI accuracy for Walmart's demand prediction?

Accepted Answer

95%

Question 22

What does GDPR compliance focus on?

Accepted Answer

Data privacy

Question 23

What is the main challenge with data silos in AI?

Accepted Answer

Inconsistent insights

Question 24

What is the role of AI in modern business analytics?

Accepted Answer

Automated decisions

Question 25

Which AI feature helps in reducing costs by 30%?

Accepted Answer

Automated Decisions

Question 26

What does GDPR stand for in data privacy?

Accepted Answer

General Data Protection Regulation

Question 27

True or false: GDPR ensures user data protection.

Accepted Answer

True

Question 28

What does the AI model in finance mainly detect?

Accepted Answer

Fraud

Question 29

Which framework helps explain AI decisions?

Accepted Answer

LIME/SHAP

Question 30

What does AI primarily automate in business analytics?

Accepted Answer

Decision-making

Question 31

True or false: Barclays uses AI for credit risk assessment.

Accepted Answer

True

Question 32

What percentage did Delta reduce manual data errors by?

Accepted Answer

50%

Question 33

What is the first step in AI transformation analytics?

Accepted Answer

Descriptive

Question 34

How does AI contribute to anomaly detection in finance?

Accepted Answer

Identifies outliers

Question 35

What percentage of enterprises will use AI for decisions by 2026?

Accepted Answer

70%

Question 36

What percentage cost reduction can AI adoption bring?

Accepted Answer

30%

Question 37

How does AI impact Barclays' default risk?

Accepted Answer

18% risk cut

Question 38

What is the main focus of AI-powered BI tools like Anodot?

Accepted Answer

Detect anomalies

Question 39

How does AI optimize Netflix's streaming service?

Accepted Answer

Adjusts streaming quality

Question 40

What does IoT stand for in AI analytics?

Accepted Answer

Internet of Things

Question 41

What drives AI's impact on decision-making speed?

Accepted Answer

Real-time data

Question 42

What is Barclays' main benefit from using AI in credit risk?

Accepted Answer

18% Default Risk Cut

Question 43

What is the primary benefit of using Explainable AI (XAI) frameworks?

Accepted Answer

Enhances transparency

Question 44

Which AI application is critical in AI in Marketing?

Accepted Answer

Segmentation

Question 45

Which framework does Delta Airlines use to train staff on AI?

Accepted Answer

Power BI + AI tools

Question 46

What is a key feature of AI in supply chain management?

Accepted Answer

Demand prediction

Question 47

Which AI skill is crucial for leaders in strategy?

Accepted Answer

Strategy

Question 48

What is the main purpose of using generative AI in business?

Accepted Answer

Creating training data

Question 49

What does Anodot AI specialize in?

Accepted Answer

Anomaly detection

Question 50

Which AI framework is used for documenting model logic?

Accepted Answer

Google Model Cards

Question 51

Which AI tool is used for anomaly detection in business?

Accepted Answer

Anodot

Question 52

Which AI tool helps in upskilling for AI/ML expertise?

Accepted Answer

Turing College

Question 53

What is a key ethical AI requirement mentioned?

Accepted Answer

Transparency

Question 54

How much faster can AI-driven decisions be?

Accepted Answer

25-40% faster

Question 55

Which tool helps combat algorithmic bias?

Accepted Answer

IBM Watson's Fairness 360

Question 56

Which AI framework emphasizes fairness?

Accepted Answer

Aequitas

Question 57

Which AI application helps in detecting fraud?

Accepted Answer

Anomaly Detection

Question 58

Which AI feature does Netflix use to drive views?

Accepted Answer

Content AI

Question 59

Which AI trend involves adjusting supply chains instantly?

Accepted Answer

Real-Time Analytics

Question 60

What is Amazon's approach to ethical AI?

Accepted Answer

GDPR compliance

Question 61

Which tool is used for AI debiasing?

Accepted Answer

IBM Watson's Fairness 360

Question 62

What does the AI-powered demand prediction in Walmart's supply chain achieve?

Accepted Answer

95% accuracy

Question 63

How does Netflix use AI to enhance viewer experience?

Accepted Answer

Content and Bandwidth AI

Question 64

True or false: AI has no role in supply chain management.

Accepted Answer

False

Business Analytics batch 2 Unit -01 -Day-4-Advanced-AI-in-Business-Analytics

Questions 73

Business Analytics batch 2 Unit -01 -Day-4-Advanced-AI-in-Business-Analytics

Questions 73