ML - The way the world works - analyzing how things work cover image

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ML - The way the world works - analyzing how things work

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The Function of Prime Efficiency

Prodetection is acceptable in some ways, because it hapecursat i a low percentage, no less than one %, of a transactions. But then all sudden you to come up with a agarithm that is more efficient at detecting fraud cases based on better grthen insurance companies have to pay out more money forfraad claims. And then companies have to prosecute and more cases of fraud to recps o their cost. The whole system kindof has of a balance. efficiency can increase cost.

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