What Is A Predictive Model? The Simple Definition A type of model that predicts an outcome. For example, a model that evaluates a person’s loan application would look to predict whether the applicant will pay the loan back or not. The Technical Definition Of A...
What Is An AI Model? The Simple Definition A program that has been trained using data to find patterns, make predictions or generate content. The Technical Definition A model is a computer program or algorithm that has been trained to perform a specific task or make...
What Is Machine Learning? The Simple Definition A process for creating models by learning patterns and inference derived from data. The Technical Definition Machine learning is a subset of artificial intelligence that involves the development of algorithms and models...
What Is An Automated Employment Decision Tool (AEDT)? The Simple Definition A program that uses machine learning, statistical inference, artificial intelligence, or data analytics to replace or assist decision-making. The Technical Definition An Automated Employment...
What Is AI Explainability? The Simple Definition The process of interpreting how a model arrived at its decision in a way that humans can understand. Explainability is important to gain trust in the AI system and to make sure AI is logical, robust, and fair. The...
