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ISACAAdvanced in AI Risk

Domain 2Objective 2

AI Model Training, Testing, and Validation AAIR Practice Questions (Page 5)

Part of the AI Life Cycle Risk Management domain, which accounts for 21% of the AAIR exam.

42questions here
9free pages
12concepts
21%of the exam

Questions 21–25

  1. 21foundation · easy

    In the bias-variance trade-off, what does increasing model complexity typically do?

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  2. 22foundation · easy

    What is the primary goal of robustness testing in AI model testing?

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  3. 23foundation · easy

    What is the main purpose of k-fold cross-validation?

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  4. 24foundation · easy

    What is the primary characteristic of an overfitted model?

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  5. 25application · medium

    A financial institution is validating a loan-approval model. The business requirement is to approve at least 60% of applicants while keeping the default rate below 5%. The model currently approves 55% of applicants with a 3% default rate. Which validation approach best confirms the model meets the business requirement?

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