18.3.7 - Step 7: Monitoring and Feedback Loop
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Practice Questions
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What is model drift?
💡 Hint: Think about how predictions can vary as conditions change.
Why is retraining important?
💡 Hint: Consider accuracy in business decisions.
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Interactive Quizzes
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What is model drift?
💡 Hint: Think about how models perform over time.
True or False: Periodic retraining of models is unnecessary if they performed well initially.
💡 Hint: Consider the concept of changing data.
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Challenge Problems
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You are managing an AI recommendation system for an e-commerce site. Describe the steps you'd implement to ensure the system remains effective over time.
💡 Hint: Consider how you would approach ongoing evaluation.
A financial institution's forecasting model has not been retrained for two years. Analyze potential impacts of this stagnation.
💡 Hint: Think about how financial markets fluctuate.
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