What is Synthetic Data?

Skill Level:

Synthetic Data is artificially generated data that mimics real-world data. Synthetic data can be used to train Machine Learning models when real data is unavailable or insufficient. Synthetic Data can improve model accuracy and reduce privacy concerns when handling sensitive data.

Other Definitions

A Virtual Assistant (or Virtual Agent) is an AI-powered software or application that performs various tasks and assists users with their daily activities. It…
A convolutional neural network is a powerful deep learning model designed for processing and analysing visual data. It excels in tasks such as image…
Instance-Based Learning is an AI approach where models make predictions based on similarity to previously seen examples. Instead of generalising from a predefined set…
Cognitive Automation refers to the use of Artificial Intelligence (AI) and advanced algorithms to automate tasks that traditionally require human intelligence, such as decision-making…