Ethical AI Practices & Data Governance Flashcards
7 cards from real AML practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Ethical AI Practices & Data Governance flashcards as text
A data governance team needs to classify customer transaction records under a tiered sensitivity framework. Which classification level would MOST appropriately apply to full credit card numbers?
Answer: Restricted
Full PAN (Primary Account Numbers) fall under the most sensitive 'Restricted' or equivalent tier due to PCI-DSS requirements and high re-identification risk.
Which fairness metric requires that the proportion of positive predictions be equal across protected groups, regardless of actual base rates?
Answer: Demographic parity
Demographic parity (also called statistical parity) requires the model's positive prediction rate to be equal across all demographic groups.
An organization implements a policy requiring all ML models affecting employment decisions to be reviewed by a diverse panel before deployment. This control primarily addresses which risk?
Answer: Algorithmic bias and discriminatory outcomes
Diverse review panels are a governance control specifically designed to detect and mitigate embedded biases before a model causes discriminatory employment decisions.
Under the NIST AI Risk Management Framework (AI RMF), which core function is responsible for identifying, analyzing, and prioritizing AI risks?
Answer: MAP
The MAP function in the NIST AI RMF focuses on categorizing and identifying AI risks in their organizational and societal context.
A practitioner uses SHAP (SHapley Additive exPlanations) values to explain a credit scoring model's individual predictions. This falls under which category of explainability?
Answer: Local post-hoc explainability
SHAP produces local, post-hoc explanations by attributing each feature's contribution to a specific individual prediction after the model is trained.
Which principle of data governance ensures that data is accessible to authorized users in the right format at the right time?
Answer: Data availability
Data availability ensures that authorized stakeholders can access accurate, complete data when needed for decision-making or model training.
An AI system used in healthcare automatically flags patients for high-risk interventions. Ethically, the MOST critical requirement for this system is:
Answer: Ensuring meaningful human oversight before acting on flags
In high-stakes healthcare settings, human-in-the-loop oversight is ethically required to prevent automated errors from directly harming patients.