Exams / AIF-C01 / Bias, variance and datasets

Bias, variance and datasets: AIF-C01 practice questions

2 free questions on Bias, variance and datasets, from the Guidelines for Responsible AI domain (14% of the AIF-C01 exam guide). Every question is original and explains why each option is right or wrong.

Questions

1. A model that predicts delivery delays scores 98 per cent accuracy on its training data but only 71 per cent on new data it has not seen. What is the MOST likely problem?Harder
2. A lender is collecting data to train a credit risk model and wants the model to treat applicants fairly. Which TWO dataset characteristics are MOST important? (Choose two.)Medium · choose 2

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