Neural Nets Have Been Very Effective in Detecting Fraud of Many

question 69

True/False

Neural nets have been very effective in detecting fraud of many types.

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Definitions:

Big Data

Large and complex data sets that are challenging to process using traditional data-processing software but can reveal patterns, trends, and associations.

Real Time

Information processing that occurs simultaneously with event occurrence, without noticeable delay.

Digital Sources

Online materials or platforms that provide information or data.

Crowdsourcing

The practice of obtaining information, ideas, or content by enlisting the services of a large number of people, typically from an online community.