What is Bayesian Networks?

Skill Level:

Bayesian networks are Probabilistic Graphical Models that represent and evaluate uncertainty and conditional dependencies between variables. Industries such as healthcare and finance use Bayesian Networks to handle complex decision-making, risk assessment, and predictive modelling.

Other Definitions

Machine Learning is a powerful branch of Artificial Intelligence (AI) that focuses on enabling computer systems to learn and improve from experience without being…
Artificial General Intelligence refers to AI systems capable of understanding, learning, and performing any intellectual task as humans do. Although AGI remains aspirational, it…
Predictive Analytics uses historical data and statistical modelling techniques to make predictions about future outcomes. By analysing patterns and trends within data, businesses can…
Intelligent Virtual Assistants, also known as Chatbots or Virtual Agents, are AI-powered software applications that can engage in conversations and perform tasks on behalf…