Artificial neural network

Artificial Neural Networks (ANNs):

An ANN is a type of deep learning model inspired by the structure and functioning of the human brain. It consists of layers of interconnected nodes called neurons, which process input data, learn complex patterns, and produce an output. ANNs are flexible and can handle a variety of tasks, including classification, prediction, and pattern recognition.

Example:

 An ANN can be used by a bank to predict whether a customer will default on a loan based on features like income, credit score, and loan amount.