Artificial Intelligence Programming in Business Analytics - Final Preparation
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Below is a diagram showing the relationship between different AI concepts:
Based on this diagram, which statement is most accurate?
The chart below shows the progression of business analytics types:
A retail company wants to decide whether to increase inventory for winter products. Which type of analytics should they primarily use?
The flowchart below shows the typical ML workflow:
In the ML workflow, what is the primary purpose of the Train/Test Split step?
Comparison of two algorithms learned in Week 2:
A company wants to predict customer purchase amounts based on their demographics, past purchases, and website behavior. Which algorithm would be most appropriate?
Below is a simplified neural network diagram:
What is the primary purpose of the hidden layer in this neural network?
Below is a visualization of how attention works in transformers:
What does the attention mechanism in transformers primarily accomplish?
Below is a chart showing treatment effects for a marketing campaign across different customer segments:
What does this data suggest about the marketing campaign's effectiveness?
SHAP values for a house price prediction model:
Based on these SHAP values, which feature has the strongest impact on increasing the house price?
Deep Learning is always better than traditional Machine Learning for business applications.
Correlation always implies causation in business data analysis.
A retail company has the following business scenario:
Which combination of analytics types would best address these needs?
A streaming service wants to:
Which algorithms would be most appropriate for these three tasks respectively?
A machine learning model is evaluated using 5-fold cross-validation with the following accuracy scores for each fold:
Calculate the average cross-validation accuracy (round to 2 decimal places):
A marketing campaign analysis shows the following results:
Calculate the Difference-in-Differences (DiD) treatment effect (round to 2 decimal places):
Formula: DiD = (Treatment_After - Treatment_Before) - (Control_After - Control_Before)
A house price prediction model has the following components:
Calculate the final model prediction for this house:
Formula: Prediction = Base Value + Sum of all SHAP values
A simple neural network neuron receives the following inputs and has learned these weights:
Calculate the final output of this neuron after applying the sigmoid activation function (round to 2 decimal places):
Step 1: z = Σ(input × weight) + bias = 0.48 + 0.36 + (-0.06) + 0.10 = ?
Step 2: output = σ(z) = 1/(1+e⁻ᶻ)
You are hired as an AI consultant for a healthcare system. The client asks:
"We want to use AI to improve patient outcomes and reduce costs. We have 5 years of patient data including demographics, treatments, outcomes, and costs. What's your approach?"
Which comprehensive approach best demonstrates your DATA5000 knowledge?
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