Which one of the following is used for evaluating credit risks?
A
Virtual Reality
B
Neural Network
C
Fuzzy logic
D
None of the above
Correct Answer: Neural Network
Neural Network is used for evaluating credit risks. A neural network is a series of algorithms that endeavors to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates. Neural networks can adapt to changing input; so the network generates the best possible result without needing to redesign the output criteria.