December 2018
Intermediate to advanced
318 pages
8h 28m
English
Classification often deals with a major problem that occurs because there is a significant amount of data for one class, but a lack of data for the other. The financial fraud use case is where we face this problem; this happens because the number of fraudulent transactions that occur on a daily basis is much lower compared to the number of legitimate transaction. Such cases lead to scenerios where the dataset is biased due to the lack of accurate data.
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