Question 1
BeginnerIdeas of AI · AI Fundamentals
A financial institution is developing a fraud detection system. The Chief Data Scientist explains to the stakeholders that the system will utilize a subset of Artificial Intelligence that involves algorithms capable of learning from historical transaction data to identify patterns without being explicitly programmed for every specific rule. Which term best describes this specific technology?
Answer and explanation
Correct answer: D
Machine Learning (ML) is the specific subset of AI defined by the ability of algorithms to learn patterns from data without explicit programming for every rule. While Deep Learning is a subset of ML, the description provided (learning from historical data without explicit programming) is the broad definition of Machine Learning.
