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What is Synthetic Data?

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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

Robotics Process Automation (RPA)

Robotics Process Automation is an AI technology that automates repetitive and routine tasks in business processes. RPA involves using software robots to emulate human…

Game Theory

Game Theory is a mathematical framework used to study and analyse strategic decision-making in situations involving multiple actors or players. It helps businesses understand…

Cloud Computing

Cloud computing provides on-demand access to shared computing resources, including storage, processing power, and software applications, over the internet. By leveraging cloud computing, businesses…

Probabilistic Graphical Models

Probabilistic Graphical Models is a type of statistical model used in Machine Learning and Artificial Intelligence. They represent complex relationships between variables through graphs…
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