Define and Discuss Neural Networks

question 46

Essay

Define and discuss neural networks. Be sure to cite several examples of their use.

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Definitions:

Postulate Of Economics

Fundamental assumptions that serve as the foundation for economic theories and models, such as rational behavior and market efficiency.

Incentives

Factors, either monetary or non-monetary, that motivate individuals or businesses to act in a certain way.

Scarce

A characteristic of resources that are limited in availability, which can lead to competition for their use.

Freely Available

Resources, information, or products that can be accessed or obtained without any payment or restrictions.