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Quantitative Methods © 2018 CFA Institute. . PRACTICE PROBLEMS READING 6 © 2018 CFA Institute. . 1. A correct description of fintech is that it: A. is driven by rapid growth in data and related technological advances. B. increases the need for intermediaries. C. is at its most advanced state using systems that follow specified rules and instructions. 2. A characteristic of Big Data is that: A. one of its traditional sources is business processes. B. it involves formats with diverse types of structures. C. real-time communication of it is uncommon due to vast content. 3. In the u f machine learning (ML): A. some techniques are termed “black box” due to data biases. B. human judgment is not needed because algorithms continuously learn from data. C. training data can be learned too precisely, resulting in inaccurate predictions when used with different datasets. 4. Text Analytics is appropriate for application to: 302 打印者:Xiaohang Zeng 879814420@ com。打印 个人、私人使用。 商的事先许可，不得 或传播此图书的 。违者将 被 。 A. economic trend analysis. B. large, structured datasets. C. public but not private information. 5. In providing investment services, robo-advisers are most likely to: A. rely on their cost effectiveness to pursue active strategies. B. offer fairly conservative advice as easily accessible guidance. C. be free from regulation when acting as fully-automated wealth managers. 6. Which of the following statements on fintech’s u f data as part of risk analysis is correct? A. Stre