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