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ISACAAdvanced in AI Risk

Domain 2Objective 2

AI Model Training, Testing, and Validation AAIR Practice Questions (Page 6)

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 26–30

  1. 26foundation · easy

    Which testing strategy is most appropriate for evaluating a model's accuracy on a specific subset of data, such as edge cases?

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  2. 27expert · hard

    A credit-card company is developing a fraud-detection model. The team observes that a simple logistic regression model has high bias but low variance, while a deep neural network has low bias but high variance. The risk team needs a model that performs consistently on new data. Which approach best balances bias and variance?

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  3. 28foundation · easy

    What does precision measure in a classification model?

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  4. 29foundation · easy

    In k-fold cross-validation, what happens to the dataset?

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  5. 30application · medium

    A retail company is building a recommendation model. The data science team has split the data into training, validation, and test sets. They are now tuning hyperparameters. Which set should they use to make hyperparameter tuning decisions?

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