
EC-CouncilArtificial Intelligence Essentials
Domain 3Objective 2
Different AI Models and Development Processes AIE Practice Questions (Page 3)
Part of the Building Blocks of AI domain, which makes up ~25% of our current practice bank.
38questions here
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4concepts
Questions 11–15
- 11
A bank wants to build a model to approve or reject loan applications. They have a small dataset of 2,000 past applications with labels. The model must be highly accurate and avoid false approvals. Which model selection approach is most appropriate?
Select an answer first - 12
A retail company wants to build a model that segments its customers into distinct groups based on purchasing behavior so that marketing campaigns can be tailored to each group. The data science team has a large dataset of historical transactions with no predefined labels for customer segments. Which model type should they use?
Select an answer first - 13
A financial firm wants to build a model to detect insider trading. They have a small labeled dataset of confirmed cases and a large amount of unlabeled trading data. The cost of missing a case is extremely high, but false accusations can ruin careers. Which approach best balances these constraints?
Select an answer first - 14
A self-driving car company is training a model to decide when to change lanes. The model receives rewards for safe and efficient lane changes and penalties for risky maneuvers. The team is debating between using a model-free reinforcement learning algorithm and a supervised learning approach. What is the key reason to prefer reinforcement learning in this scenario?
Select an answer first - 15
A data scientist has a dataset of labeled customer emails, each marked as 'spam' or 'not spam'. They want to train a model to classify new emails. Which type of AI model is most appropriate for this task?
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