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AAIA · Question #12
AAIA Question #12: Real Exam Question with Answer & Explanation
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AI Risk Management and Controls
Question
A retail organization uses an AI model to forecast inventory based on customer purchasing trends and updates the model quarterly. The model recently failed to recognize a surge in demand during a popular shopping season. Which of the following issues does this situation BEST demonstrate?
Options
- ALimited data set diversity impacting model training
- BData drift impacting system forecasting
- COverfitting issues due to a small training data set
- DLack of outlier checks in data affecting forecast accuracy
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Topics
#Data drift#AI model performance#Model monitoring#Forecasting accuracy