CAIC 9.2 Flashcards
(75 cards)
What is the primary goal of retailers’ marketing campaigns?
To attract potential customers with incentives or discounts based on demographics.
What do ML models optimize in marketing campaigns?
The effectiveness of marketing campaigns by targeting the right customers.
What is the purpose of customer segmentation in marketing?
To understand different customer segments and improve marketing campaign effectiveness.
How do highly personalized marketing campaigns work?
By creating accurate individual profiles using large amounts of individual behavior data.
Fill in the blank: Contextual advertising is a targeted marketing technique that displays ads relevant to the _______.
content on a web page.
What is the role of generative AI in retail marketing?
To create dynamically personalized content tailored to individual customers’ preferences.
Why is understanding consumer perception crucial for retail businesses?
It significantly impacts their success and helps monitor brand reputation.
What is sentiment analysis?
A text classification problem that determines whether sentiment is positive, negative, or neutral.
How do ML algorithms assist in sentiment analysis?
They can classify new text data, such as social media posts, to understand overall sentiment.
What traditional methods are used for demand forecasting?
Buyer surveys, expert opinions, and projections based on past demands.
What statistical techniques are retailers using to improve demand forecasting?
Regression analysis and deep learning.
What is the significance of deep learning in demand forecasting?
It can incorporate multiple data sources to create more accurate demand forecasts.
What are point forecasts and probabilistic forecasts in ML?
Point forecasts provide a specific number, while probabilistic forecasts include a confidence score.
What role do AI and ML play in the automotive industry?
They improve efficiency, safety, and customer experience.
What are the three main stages of the system architecture for autonomous vehicles?
1) Perception and localization 2) Decision and planning 3) Control.
What is the function of the perception stage in autonomous driving?
To gather information about surroundings and determine the vehicle’s position.
What types of sensors are used in the perception stage of autonomous vehicles?
RADAR, LIDAR, cameras, and ultrasonic systems.
Fill in the blank: The decision and planning stage in autonomous driving acts as the _______ of the vehicle.
brain.
What is one application of AI/ML in the control module of autonomous vehicles?
Adaptive control systems that adjust control inputs based on sensor data.
How do reinforcement learning techniques benefit autonomous vehicles?
They enable vehicles to learn optimal control policies through trial and error.
What does ADAS stand for?
Advanced Driver Assistance Systems.
What are some functions of ADAS?
Detecting hazards, issuing warnings, and taking corrective actions.
What is the role of ML solutions architects in relation to ML algorithms?
To understand common real-world ML algorithms and design technology infrastructure.
What is an objective function in ML?
A business metric that the algorithm aims to minimize or maximize.