Question: please can someone answer question 6 and 7 You are a development manager working for a financial institution that lends money for home buyers. The

please can someone answer question 6 and 7 You
please can someone answer question 6 and 7
You are a development manager working for a financial institution that lends money for home buyers. The institution you work for makes almost all the underwrking decisions in a manlal manner with the help of some technology tools like excel. Your Manager heard about it and how it can help automate this process. You are assgred the task of launching an At initiative in the organization to develop some Al applications in order to automate some of the tasks including the underwriting task mentioned above. Your manager told you about his vision of trying to automate many other sides of the business and work towards becoming an Al enabled company, For the automated underwriting application your delivery date is after 1 year In your own term please explain how you would go about approaching this problem. Your answer has to contain the following 1- What are the decisions you are going to make including: Hiring new employees, outsource the work to a company in the technology industry 2. Who is going to make business decisions yourself with the business team vs Technical people 3- One of the things that you were asked to do is to investigate other automation opportunity within the institution. This a big financial antion that bends money. What other task. business processes, you believe Al can help you address Given the nature of this business, there are regulations in place that you have to explain your underwriting decision to the applicant. Given this information would you automate the entire process, or do you think a human needs to be involved in the review at some point you think a human needs to be involved in the review What are the uses the machine would do and what are the tasks the human will do 5. If you have to explain your underwriting decision to the applicant would this affect the choice of your ML technique what the technical individuals present you with two models (explicable with accuracy 80%, inexplicable with accuracy 954) which one will you choose and why 6. Who are the people in the organization that needs to be contacted about the new vision of the company and the way it will be doing its bus 7. Who are the people in the institution who require training

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