Identify Data Sources and Locations PMI-CPMAI Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   What should be documented to ensure compliance with governance policies for each data source?

   • AData color
   • BAccess permissions
   • CNumber of tables
   • DServer location
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   What is the primary purpose of inventorying historical data archives for an AI project?

   • ATo increase the cost of the project
   • BTo reduce the number of data sources
   • CTo determine what historical data is available
   • DTo comply with marketing regulations
   Reveal Solution Discussion Select an answer first
4. 8expert · hard

   A technology company is building a sentiment analysis model for social media posts. They are considering using a third-party API that provides real-time social media data. The API has a high cost but offers low latency and high data quality. The company has a limited budget and can tolerate some latency. What should they do?

   • ABuild their own data collection system to avoid API costs.
   • BUse only historical social media data from a free source.
   • CEvaluate cheaper alternatives that may have higher latency but still meet the project's requirements.
   • DUse the high-cost API because data quality is critical.
   Reveal Solution Discussion Select an answer first
5. 9application · medium

   A healthcare analytics firm is considering purchasing a third-party dataset of patient demographics to supplement its internal data for a population health study. The vendor offers the data at a low cost but requires that the firm sign a license restricting use to non-commercial research. The firm's intended use is to develop a commercial product. What should the firm do?

   • AEvaluate alternative external data sources that allow commercial use, even if they cost more.
   • BIgnore the license and use the data, as the firm is a healthcare analytics firm and the use is for health research.
   • CUse the dataset only for internal research and develop the commercial product using internal data only.
   • DPurchase the dataset and use it for the commercial product, assuming the license is flexible.
   Reveal Solution Discussion Select an answer first
6. 10expert · hard

   A pharmaceutical company is developing an AI model to predict drug interactions. They plan to use internal clinical trial data and external public health datasets. The legal team requires that all data usage comply with patient privacy regulations. What is the most critical documentation to create?

   • AA cost-benefit analysis of using external data providers.
   • BA data dictionary for each internal database.
   • CA list of all data sources and their locations.
   • DA data ownership and access permissions document for each data source, including external datasets.
   Reveal Solution Discussion Select an answer first