Finance
Finance is the field that deals with the management of money, including investments, banking, credit, and assets. In the context of data science, finance involves the use of statistical and mathematical models to analyze financial data and make informed decisions. This includes risk management, portfolio optimization, and financial forecasting. Data science techniques such as machine learning and artificial intelligence are increasingly being used in finance to automate processes, detect fraud, and improve investment strategies. The use of big data and real-time analytics is also transforming the finance industry, allowing for faster and more accurate decision-making.
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News Source: CNN on 2025-01-11
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