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Which application of neural networks is used for fraud detection?

Practice Questions

1 question
Q1
Which application of neural networks is used for fraud detection?
  1. Customer segmentation
  2. Anomaly detection
  3. Market analysis
  4. Product recommendation

Questions & Step-by-step Solutions

1 item
Q
Q: Which application of neural networks is used for fraud detection?
Solution: Neural networks are effective in anomaly detection, helping to identify unusual patterns that may indicate fraudulent activity.
Steps: 0

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