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APPLICATIONS OF STATISTICAL DATA
Statistical data can be used for the following applications:
Online Shopping
AI is used in product recommendations on e-commerce platforms
like Amazon or Flipkart. These recommendations are based on users'
browsing and purchase history. By analysing this data, AI can predict
what other products a user may be interested in, enhancing the shopping
experience.
Banking and Finance
AI plays a critical role in fraud detection by monitoring transactions
in real-time. Suspicious activities or anomalies trigger fraud alerts,
helping prevent unauthorised transactions and financial losses.
Health Monitoring
AI is also used in fitness apps (like Fitbit or Apple Health) that track
users' steps, heart rate and other health metrics. These apps use AI
to analyse the data and provide personalised health insights, helping
users monitor their fitness levels and make healthier decisions.
Activity
Identify AI domain
Observe the given images and state the specific AI domain it is associated with.
1. 2. 3.
122 Premium Edition-VII

