AI for Business Decision Making

Which of the following is an example of how AI helps businesses make better decisions?

• Printing marketing flyers

• Predicting customer churn

• Sending holiday cards

Which two industries commonly use AI?

• Construction and Farming

• Toy Manufacturing and Gardening

• Banking and Healthcare

Why do we need to clean and preprocess data before modeling?

• To remove errors and prepare it for analysis

• To make the data look nicer

• To delete most of the data

If your target variable has only two outcomes (like Approved/Rejected), which type of model should you use?

• Classification

• Clustering

• Regression

Why is it important to be aware of bias in AI models?

• Because it helps models become more expensive

• Because it makes the software run faster

• Because it can lead to unfair or incorrect decisions

What is one main benefit of using AI in business?

• It requires no data to work

• It removes the need for human employees completely

• It always guarantees perfect decisions

• It can automate repetitive tasks and improve efficiency

What does the term “black box” refer to in AI?

• An algorithm that always shows how it works

• AI models that are hard to interpret or explain

• A type of AI hardware

• A secure data storage system

Looking ahead, what would you like to explore further about how AI can support business decision-making?