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For AI projects the code and systems don’t matter as much as the data. In fact, big data is what’s powering much of this latest wave of AI. What’s most important for your company to consider around data?

A.

Because of almost-infinite storage and compute power, collect as much data as possible and deal with organizing it later.

B.

Collect enormous amounts of data – the more data the better.

C.

Understanding which algorithms are best for your data needs.

D.

Have team members that have experience, understanding of tools, and the ability to deal with massive volumes of data.

When building your model you need to make sure you’re not only checking for performance and making sure the model is giving the expected results. You also need to make sure the model is accomplishing the business objective.

At what phase of CPMAI is this most appropriate to do this?

A.

Phase IV

B.

Phase I

C.

Phase II

D.

Phase VI

E.

Phase III

F.

Phase V

You’re being told by upper management that you need to manage a new AI project. You need to determine the AI project fit to make sure you’re actually solving a real business problem.

During Phase I: Business Understanding, you should consider at least one of the following (Select all that apply):

A.

Explores a proof of concept for an AI project

B.

Enhance revenue

C.

Solves a previously unsolved problem

D.

Improve company competitiveness in the market

E.

Has the “cool” factor

F.

Solves an already solved problem but does it better and cheaper

You’re testing your model and it is overly sensitive to the fluctuations of data and having trouble generalizing. What type of problem is this?

A.

You are underfitting the data

B.

You are overfitting the data

C.

You have selected the wrong algorithm

D.

You have selected the wrong data

Your organization wants to use Generative AI. What are examples of when Generative AI can and should be used? (Select all that apply.)

A.

Human Augmentation

B.

Explainable Decision-support systems

C.

Content Generation

D.

Data Augmentation for Training

E.

Programmatic automated content generation

F.

Virtual Avatars and Characters

You’re creating an AI-enabled chatbot that is going to access user data. What areas related to data governance do you need to make sure you’re addressing? (Select all that apply.)

A.

Data Sharing challenges

B.

Privacy Risks

C.

Data Quantity Issues

D.

Change Management Issues

E.

Security Risks

F.

Data Quality Issues

G.

Business Risks

Your team is looking to develop an RPA bot to help with back-office processes such as data entry. What type of bot should your team be creating?

A.

Unattended bot

B.

Business Process Outsourcing

C.

Attended bot

D.

RPA is not the right solution to this problem

In the case that an algorithm you want to use isn’t algorithmically explainable, AI systems should try to do the following:

A.

Provide a means to have contestability of the algorithm selected

B.

Provide a means to interpret AI results so that cause and effect can be represented.

C.

Provide a means to have a different team on the project

D.

Provide a means to reverse-engineer the algorithm to inspect its performance

You just joined a new company and they want to start their first AI project. Senior management thinks the best approach is to just buy AI from a vendor. You know that AI is something you do, not something you buy.

What is your next best course of action to address this?

A.

Share prior experiences with how your last team addressed this problem and how you solved it

B.

Help senior management do research on AI vendors

C.

Share prior experiences with how your last team addressed this problem and their data quality issues

D.

Say nothing and let the team figure it out for themselves

A team is getting ready to begin working on a ML project. They need to build a data preparation pipeline and someone on the team suggests they reuse the same pipeline they created for their last project.

What’s wrong with this suggestion?

A.

Pipelines are model operationalization need specific.

B.

Pipelines are pattern and model need specific.

C.

Pipelines are pattern needs specific so as long as it’s the same pattern then you can reuse the pipeline.

D.

There is no issue. Pipelines can be reused as needed between projects.