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

Human-in-the-loop refers to a collaborative approach where humans and AI systems work together to achieve optimal results. It involves combining human expertise, judgement, and…
Expert Systems are AI systems that emulate human expertise in specific domains. By capturing and codifying human knowledge, Expert Systems assist businesses in decision-making,…
Genetic Algorithms are optimisation techniques inspired by the principles of evolution. By mimicking natural selection, Genetic Algorithms explore a large search space and find…
Explainable Artificial Intelligence focuses on developing AI systems that can provide understandable explanations for their decisions and behaviours. Transparent and interpretable AI models are…