Which of the following unsupervised learning models can a bank use for fraud detection?
A.
Anomaly detection
B.
DB5CAN
C.
Hierarchical clustering
D.
k-means
The Answer Is:
A
This question includes an explanation.
Explanation:
Anomaly detection is an unsupervised learning technique that identifies outliers or abnormal patterns in data, which can be useful for fraud detection. Anomaly detection algorithms can learn the normal behavior of transactions and flag the ones that deviate significantly from the norm, indicating possible fraud.
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