The Real Python Podcast cover image

Detecting Outliers in Your Data With Python

The Real Python Podcast

CHAPTER

Importance of Detecting Outliers for Fraud Prevention

The chapter discusses the necessity of detailed explanations in outlier detection, particularly in financial data, to enhance interpretability. It delves into techniques for developing interpretable outlier detection models, focusing on XGBoost for data analysis and the use of Large Language Models (LLMs) for detecting bot activities. Real-world examples and experiences related to fraud prevention through outlier detection in credit card transactions are shared, emphasizing the significance of efficient outlier detection in diverse datasets.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner