Data Analytics and Artificial Intelligence Quiz

Which of the following is an example of descriptive analytics in the context of Indian e-commerce?

• Predicting customer churn

• Identifying best-selling products

• Recommending products to customers

• Optimizing supply chain logistics

In the data analytics process, what comes after data collection and preparation?

• Data visualization

• Predictive modeling

• Data cleansing

• Business decision-making

What does "GPT" stand for in the context of generative AI?

• Global Productive Technology

• Generative Pre-training Transformer

• General Purpose Terminal

• Global Pattern Text

What is the Internet of Things (IoT) primarily focused on?

• Networking infrastructure

• Human interaction with technology

• Interconnectivity of devices and objects

• Data storage solutions

Which of the following capabilities is associated with GPT-3?

• Predicting stock market trends

• Generating human-like text

• Autonomous driving

• Medical diagnosis

Which of the following is a potential challenge when implementing business analytics in Indian small businesses?

• Lack of data availability

• Overabundance of high-quality data

• Skilled analytics professionals

• Minimal competition

What distinguishes artificial intelligence (AI) from machine learning (ML)?

• AI is only used in robotics.

• ML is a subset of AI.

• AI and ML are interchangeable terms.

• AI refers to human intelligence, while ML is computer-based.

What ethical concerns might arise when using generative AI like GPT-3 for content generation or customer service in India?

• Discrimination and bias in generated content

• Inadequate training data for AI models

• Improved user experience and engagement

• Effective utilization of machine learning algorithms

True or False: KPIs (Key Performance Indicators) are exclusively financial metrics.

True or False: Business analytics is only relevant for large corporations, not small businesses.