AI- A Game Change for Risk Management – BankTech Asia 2018, Kula Lumpur – 2018
Topic – Conference Name – Location -MMM, YY
Business Problems where AI can help.
General Problems which can be resolved using AI Insurance / Financial Organisations Automations of claim evaluations Good Claim vs Bad Claim classification Data Mapping From eye balling to automating the decision making Customer due diligence…
Naive Bayes
Bayes’ Theorem and Its Building Blocks Basics of Probability First Understand the Basic Probability including Joint, marginal and conditional probability. Bayes’ Theorem: Naive Bayes’ Classifier Naive Bayes For Categorical Data
Hypothesis Testing
With Inferential statistics we can make inferences about the population using the sample data. Now, these methods help us formulate a basic idea or conclusion about the population. However, you could not confirm the conclusions…
CRISP-DM Process
The model splits a data mining project into six phases and it allows for needing to go back and forth between different stages. 1. Business Understanding Understanding the business goal Situation assessment Translating the…