Artificial intelligence and machine learning are appropriate for data analysis and report generation but are not yet ready to use for regulatory compliance, surveillance, data quality assessment, and fraud detection.

Question

Quizplus · Accepted Answer

Artificial intelligence and machine learning are already being used for regulatory compliance, surveillance, data quality assessment, and fraud detection in various industries. However, their effectiveness in such tasks may vary depending on the quality and quantity of data available, the complexity of the regulations, and the accuracy of the algorithms used.

Artificial Intelligence and Machine Learning Are Appropriate for Data Analysis