Which term describes the ability to describe which factors and logic led to a model's decision?

Which term describes the ability to describe which factors and logic led to a model's decision?

• A. Equal Opportunity
• B. Transparency
• C. Explainability
• D. Interpretability

Answer: (C)

Explainability is the ability to describe the factors and logic that led to a model’s decision. It provides a narrative of how specific features contributed and why the model produced that outcome, not just what the inputs were. This is essential in risk and AI governance because it supports auditing, accountability, and the ability to validate and challenge decisions. Interpretability is related and often refers to how easily a model’s behavior can be understood, especially for simpler models, but explainability specifically emphasizes describing the reasoning behind individual decisions, which is what the question asks for. Transparency focuses on openness of the system, while Equal Opportunity is about fairness across groups rather than how a particular decision was reached.

Explainability is the ability to describe the factors and logic that led to a model’s decision. It provides a narrative of how specific features contributed and why the model produced that outcome, not just what the inputs were. This is essential in risk and AI governance because it supports auditing, accountability, and the ability to validate and challenge decisions. Interpretability is related and often refers to how easily a model’s behavior can be understood, especially for simpler models, but explainability specifically emphasizes describing the reasoning behind individual decisions, which is what the question asks for. Transparency focuses on openness of the system, while Equal Opportunity is about fairness across groups rather than how a particular decision was reached.