BCS Bachelor Of Computer Science

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An AI system is used by one bank to decide whether or not to approve a consumer for a loan. Age, employment position, and the presence of active loans are just a few of the characteristics the AI considers before making a determination. Because they already have student debts, very few loans have been granted to recent college graduates as a result. What stage of the data processing cycle does the bias present in?

Bias exists at the data analysis stage Bias exists at the data preparation stage Bias exists at the data collection stage Bias exists at the data reporting stage

Correct Answer:

Bias exists at the data preparation stage

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