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FINS3648 Quiz #1 MCQ Sample Questions

Q1 : You are member of small team at a large investment bank advising corporate clients on mergers and acquisitions. Your client is a large insurance corporation looking for transformational innovation                potentially acquiring insurTech target and seeking your assistance on the use of technology used by         several targets, which target would you recommend to focus on?

A)   Insurtech focused entirely on data analytics and customer predictive insights

B)    Insurtech using tech stack base on SQL database on local mainframe

C)    Insurtech using server-client infrastructure online web and app support D)   Insurtech using blockchain and quantum computing technology

E)    Insurtech focused on crypto and blockchain technology

 

Q2: In the context of big data analytics, how would you define orthogonal datasets

A)   Diagonal information not relevant for solving given problem

B)    Related data and information relevant to the analytics solution at the point in time when used in combination to current datasets

C)    Unrelated data and information with a potential to add value when combined with other data and information

D)   None of the above

 

Q3 : Can recurrent neural networks be used in regression scenario.

E)   True

F)    False