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

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…
Bias in AI refers to systematic errors or prejudices that can occur within AI systems due to biased training data, faulty algorithms, or human…
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…
An algorithm is a set of rules and instructions that guide AI systems in solving problems or making decisions. Algorithms process data, analyse patterns,…