Artificial Intelligence › AI In Finance › Question #17618
Single Choice Easy

QWhat is the main purpose of data science and analytics in finance?

ID: #17618 AI In Finance 124 views
Question Info
#17618Q ID
EasyDifficulty
AI In FinanceTopic
Start Quiz on This Topic
 Your Answer

Choose the Best Option

Click any option to instantly check if you're correct.

  • A To generate insights and unlock value from data for business intelligence and decision making. ✔ ✖
  • B To convert speech to text for customer service insights. To identify anomalies in financial data ✔ ✖
  • C To deliver personalized financial recommendations ✔ ✖
  • D To translate financial documents into different languages ✔ ✖
Correct Answer

Explanation

To generate insights and unlock value from data for business intelligence and decision making.
 Continue Practice
Previous Question Next Question
 Share

Share This Question

Challenge a friend or share with your study group.

 More from This Topic

Related MCQ Questions

How does the decoder produce outputs that closely mirror the input data? What is the goal of a GAN's generator? How can sentiment analysis be used in investment research? What is the benefit of using generative AI for cost-cutting in the financial sector? How does AI in finance help organizations? What is one way in which AI can benefit availability in financial services? What type of data are autoregressive models used for? Which of the following can be detected using anomaly detection technology? What is the purpose of using variational autoencoders (VAEs) in the financial services sector? How are transformers different from RNNs in processing sequential input?