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SDS Governance, ethics and storytelling

Written by Saad Rahman (ACCA)

7 سوالات: اے سی سی اے اسٹریٹجک پروفیشنل لیول میں نیا، جوابات اور وضاحت کے ساتھ۔

جوابی کنجی کے ساتھ قابلِ پرنٹ ورک شیٹ

تمام سوالات جوابات کے ساتھ
  1. A credit scoring model is accurate overall but declines applications from one group at a much higher rate for reasons unrelated to risk. The main issue is:

    • 1 Speed
    • 2 Storage
    • 3 Accuracy
    • 4 Bias and fairness
    جواب دیکھیں

    درست جواب: Bias and fairness

    Models must be tested for discriminatory effects.

    غلطی کی اطلاع دیں

  2. Explainability of a model is most important when:

    • 1 No one uses the output
    • 2 The model is for a game
    • 3 The data is small
    • 4 Decisions affect individuals and must be justified
    جواب دیکھیں

    درست جواب: Decisions affect individuals and must be justified

    People affected by decisions have a right to understand them in many settings.

    غلطی کی اطلاع دیں

  3. Which chart is generally best for showing a trend over time?

    • 1 3D bar chart
    • 2 Line chart
    • 3 Pie chart
    • 4 Scatter plot of unrelated data
    جواب دیکھیں

    درست جواب: Line chart

    Lines show direction and change across time periods.

    غلطی کی اطلاع دیں

  4. When explaining uncertainty to a non-technical board, it is best to:

    • 1 Use only a single number
    • 2 Hide the uncertainty
    • 3 Give a range and describe the chance of outcomes in plain words
    • 4 Use technical terms only
    جواب دیکھیں

    درست جواب: Give a range and describe the chance of outcomes in plain words

    Honest communication of uncertainty supports good decisions.

    غلطی کی اطلاع دیں

  5. A model inventory records:

    • 1 The passwords of staff
    • 2 The share price
    • 3 The models in use, their owners, purpose and validation status
    • 4 The office layout
    جواب دیکھیں

    درست جواب: The models in use, their owners, purpose and validation status

    It supports governance and oversight of models.

    غلطی کی اطلاع دیں

  6. Under privacy principles for data science, personal data should be:

    • 1 Kept forever
    • 2 Used for any purpose
    • 3 Shared with any party
    • 4 Collected for a clear purpose and kept secure, using only what is necessary
    جواب دیکھیں

    درست جواب: Collected for a clear purpose and kept secure, using only what is necessary

    Minimisation and purpose limitation are common principles.

    غلطی کی اطلاع دیں

  7. A chart's vertical axis starts at 90 instead of 0 to make small differences look large. This is a concern about:

    • 1 Misleading presentation
    • 2 Encryption
    • 3 Model drift
    • 4 Data quality
    جواب دیکھیں

    درست جواب: Misleading presentation

    Honest scales are part of professional data storytelling.

    غلطی کی اطلاع دیں

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