Tag: neural networks
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Predictive Modeling
Definition and Overview Predictive modeling in the context of artificial intelligence (AI) is the process of using historical data and statistical algorithms (often powered by machine learning) to build models that can forecast future outcomes or unknown events. In simpler terms, a predictive model learns patterns from past data and predicts likely future behavior or…
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Explainability (in AI)
Definition Explainability in artificial intelligence (AI) refers to the ability of an AI system or model to make its functioning and decision-making processes understandable to humans. In essence, an explainable AI system can provide clear reasons or justifications for its outputs, allowing people to comprehend how and why a particular decision or prediction was made.…
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Artificial Neural Network (ANN)
A neural network (often called an artificial neural network or ANN) is a computing model inspired by the human brain’s network of neurons. It consists of layers of interconnected nodes (“artificial neurons”) that process data and can learn to perform tasks by adjusting the connections (weights) between nodes. Neural networks “learn” from examples rather than…
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Artificial Intelligence (AI)
Definition and Scope of AI Artificial Intelligence (AI) broadly refers to the capability of machines or computer programs to perform tasks that normally require human intelligence. In essence, AI involves the simulation of human cognitive processes by machines – enabling them to learn, reason, solve problems, perceive their environment, and make decisions in a way…