General Problems which can be resolved using AI Insurance / Financial Organisations Automations of claim evaluations Good Claim vs Bad Claim classification Data Mapping From eye balling to automating the decision making Customer due diligence…
Bayes’ Theorem and Its Building Blocks Basics of Probability First Understand the Basic Probability including Joint, marginal and conditional probability. Bayes’ Theorem: Naive Bayes’ Classifier Naive Bayes For Categorical Data
With Inferential statistics we can make inferences about the population using the sample data. Now, these methods help us formulate a basic idea or conclusion about the population. However, you could not confirm the conclusions…
The model splits a data mining project into six phases and it allows for needing to go back and forth between different stages. 1. Business Understanding Understanding the business goal Situation assessment Translating the…
Artificial Intelligence (AI) and Machine Learning (ML) are two extremely volatile topics in the intel market these days and are used frequently. Many people believe that they are quite the same things. The two paradigms could…