2 - Exploring AI Use Cases and Applications - Quiz

Question 1

Which artificial intelligence (AI) application is used to automatically extract structured data from various types of documents, such as invoices, contracts, and forms?

a) computer vision
b) facial recognition
c) intelligent document processing (IDP)
d) fraud detection

Answer 1

intelligent document processing

Question 2

A manufacturing company produces a wide range of industrial equipment. Which scenario would be a suitable application of artificial intelligence and machine learning (AI/ML) technology?

a) Implementing a centralized database to store product specifications and manuals.
b) Using computer vision and machine learning algorithms to automate quality control inspections on the production line.
c) Providing employees with training seminars on the latest manufacturing techniques and safety protocols.
d) Outsourcing the manufacturing of certain components to third-party suppliers to reduce costs.

Answer 2

B

Question 3

A data engineer is working on a project to predict the sale price of houses based on various features such as square footage, number of bedrooms, location, and age of the property. Which machine learning technique would be appropriate for this task?

a) clustering
b) dimensionality reduction
c) regression
d) classification

Answer 3

regression

Question 4

What are some of the capabilities of generative artificial intelligence (generative AI) systems in business applications? (Select THREE.)

a) Personalization
b) Scalability
c) Conversion Rate
d) Simplicity
e) Accuracy
f) Cross-domain performance

Answer 4

personalization, scalability and simplicity

Question 5

A product manager works for a company that uses a generative AI application for content creation. They have noticed that the model often produces different outputs each time it runs with the same input data. What is the challenge this company is encountering?

a) Nondeterminism
b) Toxicity
c) Social Risks
d) Hallucinations

Answer 5

Nondeterminism

Question 6

A data engineer is analyzing the performance of a generative AI system used for customer support in a software company. Which business metric would be most appropriate for assessing the system’s effectiveness?

a) cross-domain performance
b) customer satisfaction
c) conversion rate
d) average revenue per user

Answer 6

customer satisfaction