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Pass the IAPP Artificial Intelligence Governance AIGP Questions and answers with ValidTests

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Questions # 1:

The OECD's Ethical Al Governance Framework is a self-regulation model that proposes to prevent societal harms by?

Options:

A.

Establishing explain ability criteria to responsibly source and use data to train Al systems.

B.

Defining requirements specific to each industry sector and high-risk Al domain.

C.

Focusing on Al technical design and post-deployment monitoring.

D.

Balancing Al innovation with ethical considerations.

Expert Solution
Questions # 2:

A Canadian company is developing an Al solution to evaluate candidates in the course of job interviews.

Before offering the Al solution in the EU market, the company must take all of the following steps EXCEPT?

Options:

A.

Register the Al solution in a public EU database.

B.

Establish a risk and quality management system.

C.

Engage a third-party auditor to perform a bias audit.

D.

Draw up technical documentation and instructions for use.

Expert Solution
Questions # 3:

CASE STUDY

Please use the following answer the next question:

XYZ Corp., a premier payroll services company that employs thousands of people globally, is embarking on a new hiring campaign and wants to implement policies and procedures to identify and retain the best talent. The new talent will help the company's product team expand its payroll offerings to companies in the healthcare and transportation sectors, including in Asia.

It has become time consuming and expensive for HR to review all resumes, and they are concerned that human reviewers might be susceptible to bias.

Address these concerns, the company is considering using a third-party Al tool to screen resumes and assist with hiring. They have been talking to several vendors about possibly obtaining a third-party Al-enabled hiring solution, as long as it would achieve its goals and comply with all applicable laws.

The organization has a large procurement team that is responsible for the contracting of technology solutions. One of the procurement team's goals is to reduce costs, and it often prefers lower-cost solutions. Others within the company are responsible for integrating and deploying technology solutions into the organization's operations in a responsible, cost-effective manner.

The organization is aware of the risks presented by Al hiring tools and wants to mitigate them. It also questions how best to organize and train its existing personnel to use the Al hiring tool responsibly. Their concerns are heightened by the fact that relevant laws vary across jurisdictions and continue to change.

All of the following are potential negative consequences created by using the Al tool when making hiring decisions EXCEPT?

Options:

A.

Reputational harm.

B.

Civil rights violations.

C.

Discriminatory treatment.

D.

Intellectual property infringement.

Expert Solution
Questions # 4:

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

Options:

A.

Symbolic.

B.

Generative.

C.

Discriminative.

D.

Natural language processing.

Expert Solution
Questions # 5:

A US company has developed an Al system, CrimeBuster 9619, that collects information about incarcerated individuals to help parole boards predict whether someone is likely to commit another crime if released from prison.

When considering expanding to the EU market, this type of technology would?

Options:

A.

Require the company to register the tool with the EU database.

B.

Be subject approval by the relevant EU authority.

C.

Require a detailed conformity assessment.

D.

Be banned under the EU Al Act.

Expert Solution
Questions # 6:

According to the GDPR, what is an effective control to prevent a determination based solely on automated decision-making?

Options:

A.

Provide a just-in-time notice about the automated decision-making logic.

B.

Define suitable measures to safeguard personal data.

C.

Provide a right to review automated decision.

D.

Establish a human-in-the-loop procedure.

Expert Solution
Questions # 7:

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.

Which of the following is the most important reason to train the underwriters on the model prior to deployment?

Options:

A.

Toprovide a reminder of a right appeal.

B.

Tosolicit on-going feedback on model performance.

C.

Toapply their own judgment to the initial assessment.

D.

Toensure they provide transparency applicants on the model.

Expert Solution
Questions # 8:

Which of the following is a subcategory of Al and machine learning that uses labeled datasets to train algorithms?

Options:

A.

Segmentation.

B.

Generative Al.

C.

Expert systems.

D.

Supervised learning.

Expert Solution
Questions # 9:

Which of the following disclosures is NOT required for an EU organization that developed and deployed a high-risk Al system?

Options:

A.

The human oversight measures employed.

B.

How an individual may contest a decision.

C.

The location(s) where data is stored.

D.

The fact that an Al system is being used.

Expert Solution
Questions # 10:

The framework set forth in the White House Blueprint for an Al Bill of Rights addresses all of the following EXCEPT?

Options:

A.

Human alternatives, consideration and fallback.

B.

High-risk mitigation standards.

C.

Safe and effective systems.

D.

Data privacy.

Expert Solution
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