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

Facial Recognition is an AI technology that involves identifying and verifying individuals based on their facial characteristics. It analyses facial features such as the…
The Internet of Things refers to a network of interconnected devices, sensors, and objects that can collect and exchange data. IoT Devices enable the…
Forecasting involves predicting future outcomes or trends based on historical data and patterns. By analysing past data and applying statistical techniques, businesses can make…
A Large Language Model refers to a type of advanced Artificial Intelligence model designed to exhibit human-like language understanding and generation abilities. LLMs are…