AIDA Final Exam || Most Recent Exam 2026-2027 Actual
Complete Real Exam Questions And Correct Answers
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An insurance marketing department may use several data
sources to build a
customer profile. The sources could include al of the
following, EXCEPT: -
ANSWER -C. Political and idealogical
leanings
An organization has had a high percentage of repetitive stress
injuries to workers in a particular phase of their production
process. The risk manager has been asked to analyze these
injuries from a system safety analysis perspective. Which one
of the following techniques should the risk manager use to
investigate these accidents? - ANSWER -A. Job safety analysis
Which one of the following best describes a successful
approach to product targeting? - ANSWER -A. Combining
special insurance products with a tailored approach to specific
segment needs
Antonia, an insurance data analyst, uses data from many
sources, including policyholder information, recorded
statements, financial data, and telematics. She is developing an
,algorithm that will use AI to identify patterns and trends in
unstructured data. Antonia is analyzing - ANSWER -B.
Recorded statements.
Which one of the following is the formula for calculating
customer acquisition cost? - ANSWER -D. (Marketing expenses
+ Sales expenses) ÷ New customers in a given period
Wearable devices and data-gathering sensors in the
insurance industry are a
benefit to - ANSWER -D. Insurers and
insureds.
A box of combustible chemicals fell off a shelf in a warehouse.
It bounced off of a worker, than hit the ground, whereupon it
exploded. A fire ensued. Which one of the following statements
is true? - ANSWER -D. There is the possibility that data from
equipment worn by the employee could help insurers
determine the degree of injury and verify the cause of loss.
In seeking to identify claims that will potentially develop into
complex and more costly claims, the data science team at
Great Midsouthwest Insurance ranks a series of attributes by
their importance to the data model. Which one of the following
terms describes the level of predictive power of each attribute?
- ANSWER -B. Information gain
Which one of the following is an algorithm used to group data
into clusters of
, claims? - ANSWER -C. K-
means
As a data analyst, Jack works with quantitative, qualitative,
structured, and unstructured data. He needs to create a model
to analyze claims notes to identify fraud potential. Which one of
the following represents the types of data used by Jack? -
ANSWER -D. Unstructured, qualitative
Which one of the following forms of technology is used in
both risk prediction
and prevention with self-driving vehicles? - ANSWER -D.
Computer vision
Commercial Insurance Company (CIC) is examining the uses of
artificial intelligence (AI) for incorporation into its processes.
CIC has identified a type of AI that automatically executes
simple or routine tasks, but does not learn or adapt. This type
of AI is called - ANSWER -B. Automated intelligence.
Erin is a data analyst for an insurer. Her responsibilities include
data engineering, data cleaning, data manipulation, and data
mining. Which one of Erin's responsibilities involves correcting
quality issues in the data, such as errors, inaccuracies, and
duplicate entries? - ANSWER -C. Data cleaning
Traditionally, usage-based auto insurance has been most
attractive to - ANSWER -A. Individuals who consider
themselves safe drivers, looking to reduce premiums.
Complete Real Exam Questions And Correct Answers
(Verified Answer) Already Graded A+ | Success
Guaranteed!! Newest Exam | Just Released!!
An insurance marketing department may use several data
sources to build a
customer profile. The sources could include al of the
following, EXCEPT: -
ANSWER -C. Political and idealogical
leanings
An organization has had a high percentage of repetitive stress
injuries to workers in a particular phase of their production
process. The risk manager has been asked to analyze these
injuries from a system safety analysis perspective. Which one
of the following techniques should the risk manager use to
investigate these accidents? - ANSWER -A. Job safety analysis
Which one of the following best describes a successful
approach to product targeting? - ANSWER -A. Combining
special insurance products with a tailored approach to specific
segment needs
Antonia, an insurance data analyst, uses data from many
sources, including policyholder information, recorded
statements, financial data, and telematics. She is developing an
,algorithm that will use AI to identify patterns and trends in
unstructured data. Antonia is analyzing - ANSWER -B.
Recorded statements.
Which one of the following is the formula for calculating
customer acquisition cost? - ANSWER -D. (Marketing expenses
+ Sales expenses) ÷ New customers in a given period
Wearable devices and data-gathering sensors in the
insurance industry are a
benefit to - ANSWER -D. Insurers and
insureds.
A box of combustible chemicals fell off a shelf in a warehouse.
It bounced off of a worker, than hit the ground, whereupon it
exploded. A fire ensued. Which one of the following statements
is true? - ANSWER -D. There is the possibility that data from
equipment worn by the employee could help insurers
determine the degree of injury and verify the cause of loss.
In seeking to identify claims that will potentially develop into
complex and more costly claims, the data science team at
Great Midsouthwest Insurance ranks a series of attributes by
their importance to the data model. Which one of the following
terms describes the level of predictive power of each attribute?
- ANSWER -B. Information gain
Which one of the following is an algorithm used to group data
into clusters of
, claims? - ANSWER -C. K-
means
As a data analyst, Jack works with quantitative, qualitative,
structured, and unstructured data. He needs to create a model
to analyze claims notes to identify fraud potential. Which one of
the following represents the types of data used by Jack? -
ANSWER -D. Unstructured, qualitative
Which one of the following forms of technology is used in
both risk prediction
and prevention with self-driving vehicles? - ANSWER -D.
Computer vision
Commercial Insurance Company (CIC) is examining the uses of
artificial intelligence (AI) for incorporation into its processes.
CIC has identified a type of AI that automatically executes
simple or routine tasks, but does not learn or adapt. This type
of AI is called - ANSWER -B. Automated intelligence.
Erin is a data analyst for an insurer. Her responsibilities include
data engineering, data cleaning, data manipulation, and data
mining. Which one of Erin's responsibilities involves correcting
quality issues in the data, such as errors, inaccuracies, and
duplicate entries? - ANSWER -C. Data cleaning
Traditionally, usage-based auto insurance has been most
attractive to - ANSWER -A. Individuals who consider
themselves safe drivers, looking to reduce premiums.
