What are some real-world examples of statistics used in AI?
Statistics play a crucial role in AI. For instance, in healthcare, predictive analytics uses statistical models to forecast patient outcomes.
Can you give me another example?
Sure! In finance, algorithms analyze historical data to detect fraud by identifying unusual patterns.
How about in marketing?
In marketing, companies use A/B testing, a statistical method, to determine which advertisements perform better.
What about in sports analytics?
In sports, teams use statistics to analyze player performance and make data-driven decisions for game strategies.
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