Pre-Winter Sale Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 70track

Free IAPP AIGP Practice Exam with Questions & Answers | Set: 5

Questions 41

A deployer discovers that a high-risk AI recruiting system has been making widespread errors, resulting in harms to the rights of a considerable number of EU residents who are denied consideration for jobs for improper reasons such as ethnicity, gender and age.

According to the EU AI Act, what should the company do first?

Options:
A.

Notify the provider, the distributor, and finally the relevant market authority of the serious incident.

B.

Identify any decisions that may have been improperly made and re-open them for human review.

C.

Submit an incomplete report to the relevant market authority immediately and follow up with a complete report as soon as possible.

D.

Conduct a thorough investigation of the serious incident within the 15 day timeline and present the completed report to the relevant market authority.

IAPP AIGP Premium Access
Questions 42

MULTI-SELECT

Please select 3 of the 5 options below. No partial credit will be given.

Which of the following PETs would be effective in developing AI systems?

Options:
A.

Data minimization.

B.

Anonymization.

C.

Data mapping.

D.

Data cleansing.

E.

Federated learning.

Questions 43

Random forest algorithms are in what type of machine learning model?

Options:
A.

Symbolic.

B.

Generative.

C.

Discriminative.

D.

Natural language processing.

Questions 44

CASE STUDY

Please use the following answer the next question:

Good Values Corporation (GVC) is a U.S. educational services provider that employs teachers to create and deliver enrichment courses for high school students. GVC has learned that many of its teacher employees are using generative Al to create the enrichment courses, and that many of the students are using generative Al to complete their assignments.

In particular, GVC has learned that the teachers they employ used open source large language models (“LLM”) to develop an online tool that customizes study questions for individual students. GVC has also discovered that an art teacher has expressly incorporated the use of generative Al into the curriculum to enable students to use prompts to create digital art.

GVC has started to investigate these practices and develop a process to monitor any use of generative Al, including by teachers and students, going forward.

What is the best reason for GVC to offer students the choice to utilize generative Al in limited, defined circumstances?

Options:
A.

To enable students to learn how to manage their time.

B.

To enable students to learn about performing research.

C.

To enable students to learn about practical applications of Al.

D.

To enable students to learn how to use Al as a supportive educational tool.

Questions 45

Which of the following is an example of a high-risk application under the EU Al Act?

Options:
A.

A resume scanning tool that ranks applicants.

B.

An Al-enabled inventory management tool.

C.

A government-run social scoring tool.

D.

A customer service chatbot tool.

Questions 46

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 tA. 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?

Options:
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.

Questions 47

Who is responsible for ongoing maintenance and monitoring of an AI system after it has been put into production?

Options:
A.

Regulator.

B.

Developer.

C.

Deployer.

D.

User.

Questions 48

A shipping service based in the US is looking to expand its operations into the EU. It utilizes an in-house developed multimodal AI model that analyzes all personal data collected from shipping senders and recipients, and optimizes shipping routes and schedules based on this data.

As they expand into the EU, all of the following descriptions should be included in the technical documentation for their AI model EXCEPT?

Options:
A.

A general description of the AI system.

B.

A description of the prioritization of the risks of deployment of the AI system.

C.

A description of the appropriateness of the performance metrics for the specific AI system.

D.

A detailed description of the elements of the AI system and of the process for its development.

Questions 49

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?

Options:
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.

Questions 50

Which of the following arenotconsidered biometric data under U.S. privacy laws?

Options:
A.

Iris scans

B.

Walking gait

C.

Keystroke dynamics

D.

GPS location of a user’s fitness watch