Which of the following statements accurately describe artificial intelligence? Select all that apply.
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Correct answer: Artificial intelligence uses data patterns to make predictions and choose actions., A financial institution analyzing knowledge about potential fraud based on past transactions is an example of artificial intelligence., As artificial intelligence obtains new knowledge, it continues to adapt and improve..
Why this is the answer
Artificial intelligence works by identifying relationships in data that can support predictions, classifications, or recommended actions. Fraud detection fits this concept because past transaction patterns can help flag unusual or risky activity. Some AI systems can improve when updated with new data, especially when machine learning is part of the system design. This separates AI from tools that only follow fixed instructions.
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