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Demystifying AI - Essential AI For Everyone - Quiz 2 Flashcards | StudBud
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Demystifying AI - Essential AI For Everyone - Quiz 2
Demystifying AI - Essential AI For Everyone - Quiz 2
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Questions
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Answers
1
AI apps proved to be effective than humans in detecting fraud patterns as they trained with historical data
True
False
2
All of the following constitute examples of AI applications in real life
Autonomous Vehicles, Space rovers, and Simulators
Online Recommendation Systems to study customer behaviour
All of the above
Chatbots
3
The need to ramp up cybersecurity and fraud detection efforts is now a necessity for any bank/FI, and AI is
improving the security of online finance
Facilitating Cybersecurity & Fraud Detection
All of the above
providing cybersecurity solutions
4
The steps you need to consider while choosing an algorithm
for a problem consist of …
Understanding the Data
All of the above
Categorize the Problem
Find the available Algorithms
5
Which of the following is not a component of AI:
Neuro Linguistic Programming (NLP)
Deep Learning
Data Processing
Machine Learning
6
How many types of Machine Learning are there?
4
1
3
2
7
The main goals of AI are…
Create Expert Systems
Implement Human Intelligence in Machines
Both of the above
None of the above
8
Weak AI is
All of the above
study of mental faculties through the use of mental models implemented
the embodiment of human intellectual capabilities within a computer.
produces output to reflect similar intelligence as humans.
9
Which of the following is an application of AI?
Gaming
Vision Systems
Expert Systems
All of the above
10
Facial Recognition is an example of:
Deep Learning
Computer Vision
Pattern Recognition
Machine Learning
11
The field that investigates the mechanics of human intelligence is:
cognitive science
psychology
history
sociology
12
Strong AI is…
The embodiment of human intellectual capabilities within a computer.
The study of mental faculties through the use of mental models implemented
Both A & B
None of the above
13
Decision support programs are designed to help managers make:
visual presentations
business decisions
vacation schedules
budget projections
14
Artificial intelligence solutions are helping banks and credit lenders
make smarter underwriting decisions
Better predict and assess loan risks
All the above
make smarter credit decisions.
15
AI is helping the financial industry to streamline and optimize processes ranging from
All of the above
financial risk management
quantitative trading
credit decisions
