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You are working with a dataset that has a high number of dimensions. You're running into issues because some dimensions don't have enough real examples to properly train the systems for predictable results. What's your best course of action?
A project manager meets with a customer for initial discussions about an upcoming project. At the end of the meeting, the customer asks the project manager for a rough estimate of the project duration. Based on her experience with three similar projects, the project manager provides an estimate of 8-10 months. What's wrong with this timeframe?
Your team is running a simulation-based optimization exercise to increase routing efficiency. Learning for this exercise is done through "trial and error". Which type of machine learning approach is being leveraged for this exercise?
Your team is working on a new loan decision model that takes a number of factors and data points into consideration and then automatically approves or denies a loan. After a month in operation someone does a review and notices that the system is denying a large number of loans from a certain demographic when all other factors from people in other regions (such as age, salary, and credit score) are the same. What is most likely happening here?
You're working on a project and are working with personally identifiable information (PII). What's the best approach to take when it comes to collecting and using this data?
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