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IBM Watson Projects

You're reading from  IBM Watson Projects

Product type Book
Published in Sep 2018
Publisher Packt
ISBN-13 9781789343717
Pages 340 pages
Edition 1st Edition
Languages
Author (1):
James D. Miller James D. Miller
Profile icon James D. Miller
Toc

Table of Contents (12) Chapters close

Preface 1. The Essentials of IBM Watson 2. A Basic Watson Project 3. An Automated Supply Chain Scenario 4. Healthcare Dialoguing 5. Social Media Sentiment Analysis 6. Pattern Recognition and Classification 7. Retail and Personalized Recommendations 8. Integration for Sales Forecasting 9. Anomaly Detection in Banking Using AI 10. What's Next 11. Other Books You May Enjoy

Defining the problem

In data mining, anomaly detection (or outlier detection) is defined as the identification of items, events, or observations that do not conform to an expected pattern (or other items) in a dataset, and that are sometimes referred to as rare events. These events raise suspicion and, typically, the anomalous items will translate to some kind of problem that requires deeper attention and needs to be addressed. Common events include bank fraud, structural defects, medical conditions, or simply mistakes in a text.

Anomalous items that raise suspicions by differing significantly from the majority of the data may also be referred to as outliers, novelties, noise, deviations, and exceptions.

Anomaly detection is a technique or method that is used to identify unusual patterns that don't seem to conform to the accepted behavior. You will routinely see anomaly...

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