Q5: Max Margenot – Good (and Not So Good) Uses of Machine Learning in Finance
Chat With Traders
00:00
Unsupervised vs. Unsupervised Machine Learning Algorithms for Credit Card Fraud
When is it right to use supervised versus unsupervised machine learning algorithms? It really depends on what you're going for. In credit card fraud detection, there's no harm in using a supervised algorithm. But if you just have a bunch of unlabeled data and you want to learn something interesting about it, look for any particular clusters or different groups of behavior within this big data set.
Transcript
Play full episode
