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4 cards from this section. Quick, good the night before a test.
What is model monitoring?
Think about what happens to a model after it is live.
What is the purpose of alerts in monitoring?
Consider how we know when something is wrong.
What is the main purpose of model monitoring?
Remember the focus of monitoring is on performance after the model is live.
True or False: Alerts are only set for model training periods.
Consider when you would need to know if something goes wrong.
Propose a complete monitoring strategy for an AI-driven financial prediction model. Include what metrics you would check, types of alerts needed, and the retraining process.
Think broadly about the finance sector's requirements.
Discuss the potential implications if a business fails to implement model monitoring and retraining effectively. Provide at least three consequences.
Consider the risk factors involved in business operations.
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