Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is model monitoring?
π‘ Hint: Think about what happens to a model after it is live.
Question 2
Easy
What is the purpose of alerts in monitoring?
π‘ Hint: Consider how we know when something is wrong.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the main purpose of model monitoring?
π‘ Hint: Remember the focus of monitoring is on performance after the model is live.
Question 2
True or False: Alerts are only set for model training periods.
π‘ Hint: Consider when you would need to know if something goes wrong.
Solve 2 more questions and get performance evaluation
Push your limits with challenges.
Question 1
Propose a complete monitoring strategy for an AI-driven financial prediction model. Include what metrics you would check, types of alerts needed, and the retraining process.
π‘ Hint: Think broadly about the finance sector's requirements.
Question 2
Discuss the potential implications if a business fails to implement model monitoring and retraining effectively. Provide at least three consequences.
π‘ Hint: Consider the risk factors involved in business operations.
Challenge and get performance evaluation