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Quiz
Question 1/101/10
Machine learning is best described as a type of algorithm by which?
Select the answer:Select the answer
1 correct answer
A.
Systems can mimic human intelligence with the goal of replacing humans.
B.
Systems can automatically improve from experience through predictive patterns.
C.
Statistical inferences are drawn from a sample with the goal of predicting human intelligence.
D.
Previously unknown properties are discovered in data and used to predict and make
improvements in the data.
Machine learning (ML) is a subset of artificial intelligence (AI) where systems use data to learn and
improve over time without being explicitly programmed. Option B accurately describes machine
learning by stating that systems can automatically improve from experience through predictive
patterns. This aligns with the fundamental concept of ML where algorithms analyze data, recognize
patterns, and make decisions with minimal human intervention. Reference: AIGP BODY OF
KNOWLEDGE, which covers the basics of AI and machine learning concepts.
Right Answer: B
Quiz
Question 2/102/10
You asked a generative Al tool to recommend new restaurants to explore in Boston, Massachusetts
that have a specialty Italian dish made in a traditional fashion without spinach and wine. The
generative Al tool recommended five restaurants for you to visit.
After looking up the restaurants, you discovered one restaurant did not exist and two others did not
have the dish.
This information provided by the generative Al tool is an example of what is commonly called?
Select the answer:Select the answer
1 correct answer
A.
Prompt injection.
B.
Model collapse.
C.
Hallucination.
D.
Overfitting.
In the context of AI, particularly generative models, "hallucination" refers to the generation of
outputs that are not based on the training data and are factually incorrect or non-existent. The
scenario described involves the generative AI tool providing incorrect and non-existent information
about restaurants, which fits the definition of hallucination. Reference: AIGP BODY OF KNOWLEDGE
and various AI literature discussing the limitations and challenges of generative AI models.
Right Answer: C
Quiz
Question 3/103/10
Each of the following actors are typically engaged in the Al development life cycle EXCEPT?
Select the answer:Select the answer
1 correct answer
A.
Data architects.
B.
Government regulators.
C.
Socio-cultural and technical experts.
D.
Legal and privacy governance experts.
Typically, actors involved in the AI development life cycle include data architects (who design the
data frameworks), socio-cultural and technical experts (who ensure the AI system is socio-culturally
aware and technically sound), and legal and privacy governance experts (who handle the legal and
privacy aspects). Government regulators, while important, are not directly engaged in the
development process but rather oversee and regulate the industry. Reference: AIGP BODY OF
KNOWLEDGE and AI development frameworks.
Right Answer: B
Quiz
Question 4/104/10
A company is working to develop a self-driving car that can independently decide the appropriate
route to take the driver after the driver provides an address.
If they want to make this self-driving car “strong” Al, as opposed to "weak,” the engineers would also
need to ensure?
Select the answer:Select the answer
1 correct answer
A.
That the Al has full human cognitive abilities that can independently decide where to take the
driver.
B.
That they have obtained appropriate intellectual property (IP) licenses to use data for training the
Al.
C.
That the Al has strong cybersecurity to prevent malicious actors from taking control of the car.
D.
That the Al can differentiate among ethnic backgrounds of pedestrians.
Strong AI, also known as artificial general intelligence (AGI), refers to AI that possesses the ability to
understand, learn, and apply intelligence across a broad range of tasks, similar to human cognitive
abilities. For the self-driving car to be classified as "strong" AI, it would need to possess full human
cognitive abilities to make independent decisions beyond pre-programmed instructions. Reference:
AIGP BODY OF KNOWLEDGE and AI classifications.
Right Answer: A
Quiz
Question 5/105/10
Which of the following is NOT a common type of machine learning?
Select the answer:Select the answer
1 correct answer
A.
Deep learning.
B.
Cognitive learning.
C.
Unsupervised learning.
D.
Reinforcement learning.
The common types of machine learning include supervised learning, unsupervised learning,
reinforcement learning, and deep learning. Cognitive learning is not a type of machine learning;
rather, it is a term often associated with the broader field of cognitive science and psychology.
Reference: AIGP BODY OF KNOWLEDGE and standard AI/ML literature.
Right Answer: B
Quiz
Question 6/106/10
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has
decided to utilize artificial intelligence to streamline and improve its customer acquisition and
underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large
language model (“LLM”). In particular, ABC intends to use its historical customer data—including
applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial
qualification assessment of potential customers, which would then be routed t
Select the answer:Select the answer
1 correct answer
A.
human underwriter for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness
assessment, and made the decision to deploy the LLM into production. ABC has designated an
internal compliance team to monitor the model during the first month, specifically to evaluate the
accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that
the LLM declines a higher percentage of women's loan applications due primarily to women
historically receiving lower salaries than men.
The best approach to enable a customer who wants information on the Al model's parameters for
underwriting purposes is to provide?
A. A transparency notice.
B.
An opt-out mechanism.
C.
Detailed terms of service.
D.
Customer service support.
The best approach to enable a customer who wants information on the AI model's parameters for
underwriting purposes is to provide a transparency notice. This notice should explain the nature of
the AI system, how it uses customer data, and the decision-making process it follows. Providing a
transparency notice is crucial for maintaining trust and compliance with regulatory requirements
regarding the transparency and accountability of AI systems.
Reference: According to the AIGP Body of Knowledge, transparency in AI systems is essential to
ensure that stakeholders, including customers, understand how their data is being used and how
decisions are made. This aligns with ethical principles of AI governance, ensuring that customers are
informed and can make knowledgeable decisions regarding their interactions with AI systems.
Right Answer: A
Quiz
Question 7/107/10
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has
decided to utilize artificial intelligence to streamline and improve its customer acquisition and
underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large
language model (“LLM”). In particular, ABC intends to use its historical customer data—including
applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial
qualification assessment of potential customers, which would then be routed a human underwriter
for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness
assessment, and made the decision to deploy the LLM into production. ABC has designated an
internal compliance team to monitor the model during the first month, specifically to evaluate the
accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that
the LLM declines a higher percentage of women's loan applications due primarily to women
historically receiving lower salaries than men.
Which of the following is the most important reason to train the underwriters on the model prior to
deployment?
Select the answer:Select the answer
1 correct answer
A.
To provide a reminder of a right appeal.
B.
To solicit on-going feedback on model performance.
C.
To apply their own judgment to the initial assessment.
D.
To ensure they provide transparency applicants on the model.
Training underwriters on the model prior to deployment is crucial so they can apply their own
judgment to the initial assessment. While AI models can streamline the process, human judgment is
still essential to catch nuances that the model might miss or to account for any biases or errors in the
model's decision-making process.
Reference: The AIGP Body of Knowledge emphasizes the importance of human oversight in AI
systems, particularly in high-stakes areas such as underwriting and loan approvals. Human
underwriters can provide a critical review and ensure that the model's assessments are accurate and
fair, integrating their expertise and understanding of complex cases.
Right Answer: C
Quiz
Question 8/108/10
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has
decided to utilize artificial intelligence to streamline and improve its customer acquisition and
underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large
language model (“LLM”). In particular, ABC intends to use its historical customer data—including
applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial
qualification assessment of potential customers, which would then be routed .. human underwriter
for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness
assessment, and made the decision to deploy the LLM into production. ABC has designated an
internal compliance team to monitor the model during the first month, specifically to evaluate the
accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that
the LLM declines a higher percentage of women's loan applications due primarily to women
historically receiving lower salaries than men.
During the first month when ABC monitors the model for bias, it is most important to?
Select the answer:Select the answer
1 correct answer
A.
Continue disparity testing.
B.
Analyze the quality of the training and testing data.
C.
Compare the results to human decisions prior to deployment.
D.
Seek approval from management for any changes to the model.
During the first month of monitoring the model for bias, it is most important to continue disparity
testing. Disparity testing involves regularly evaluating the model's decisions to identify and address
any biases, ensuring that the model operates fairly across different demographic groups.
Reference: Regular disparity testing is highlighted in the AIGP Body of Knowledge as a critical
practice for maintaining the fairness and reliability of AI models. By continuously monitoring for and
addressing disparities, organizations can ensure their AI systems remain compliant with ethical and
legal standards, and mitigate any unintended biases that may arise in production.
Right Answer: A
Quiz
Question 9/109/10
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has
decided to utilize artificial intelligence to streamline and improve its customer acquisition and
underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large
language model (“LLM”). In particular, ABC intends to use its historical customer data—including
applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial
qualification assessment of potential customers, which would then be routed t
Select the answer:Select the answer
1 correct answer
A.
human underwriter for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness
assessment, and made the decision to deploy the LLM into production. ABC has designated an
internal compliance team to monitor the model during the first month, specifically to evaluate the
accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that
the LLM declines a higher percentage of women's loan applications due primarily to women
historically receiving lower salaries than men.
Each of the following steps would support fairness testing by the compliance team during the first
month in production EXCEPT?
A. Validating a similar level of decision-making across different demographic groups.
B.
Providing the loan applicants with information about the model capabilities and limitations.
C.
Identifying if additional training data should be collected for specific demographic groups.
D.
Using tools to help understand factors that may account for differences in decision-making.
Providing the loan applicants with information about the model capabilities and limitations would
not directly support fairness testing by the compliance team. Fairness testing focuses on evaluating
the model's decisions for biases and ensuring equitable treatment across different demographic
groups, rather than informing applicants about the model.
Reference: The AIGP Body of Knowledge outlines that fairness testing involves technical assessments
such as validating decision-making consistency across demographics and using tools to understand
decision factors. While transparency to applicants is important for ethical AI use, it does not
contribute directly to the technical process of fairness testing.
Right Answer: B
Quiz
Question 10/1010/10
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has
decided to utilize artificial intelligence to streamline and improve its customer acquisition and
underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large
language model (“LLM”). In particular, ABC intends to use its historical customer data—including
applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial
qualification assessment of potential customers, which would then be routed a human underwriter
for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness
assessment, and made the decision to deploy the LLM into production. ABC has designated an
internal compliance team to monitor the model during the first month, specifically to evaluate the
accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that
the LLM declines a higher percentage of women's loan applications due primarily to women
historically receiving lower salaries than men.
What is the best strategy to mitigate the bias uncovered in the loan applications?
Select the answer:Select the answer
1 correct answer
A.
Retrain the model with data that reflects demographic parity.
B.
Procure a third-party statistical bias assessment tool.
C.
Document all instances of bias in the data set.
D.
Delete all gender-based data in the data set.
Retraining the model with data that reflects demographic parity is the best strategy to mitigate the
bias uncovered in the loan applications. This approach addresses the root cause of the bias by
ensuring that the training data is representative and balanced, leading to more equitable decision-
making by the AI model.
Reference: The AIGP Body of Knowledge stresses the importance of using high-quality, unbiased
training data to develop fair and reliable AI systems. Retraining the model with balanced data helps
correct biases that arise from historical inequalities, ensuring that the AI system makes decisions
based on equitable criteria.
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Quiz name:IAPP-AIGP
Total number of questions:100
Number of questions for the test:50
Pass score:80%
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