What is Synthetic Data?

Skill Level:

Synthetic Data is artificially generated data that mimics real-world data. Synthetic data can be used to train Machine Learning models when real data is unavailable or insufficient. Synthetic Data can improve model accuracy and reduce privacy concerns when handling sensitive data.

Other Definitions

A Large Language Model refers to a type of advanced Artificial Intelligence model designed to exhibit human-like language understanding and generation abilities. LLMs are…
Game Theory is a mathematical framework used to study and analyse strategic decision-making in situations involving multiple actors or players. It helps businesses understand…
Instance-Based Learning is an AI approach where models make predictions based on similarity to previously seen examples. Instead of generalising from a predefined set…
Cognitive Computing involves creating computer systems that can imitate human cognitive abilities, such as perception, reasoning, learning, and problem-solving. By combining AI, Machine Learning,…