Demonstrate proficiency in the following areas:

LO 9.1.3 Categories of machine learning algorithms

For example:

A. Define four categories of machine learning algorithms based on the degree

of human intervention.

B. Describe the role of machine learning algorithms in determining causality

vs. correlation.

C. Define ‘augmented intelligence.’

D. Explain the limitations of machine learning algorithms in determining causality

and correlations.

Reading 9.1: Financial Stability Board. (2017). Artificial intelligence and machine learning in financial services: Market developments and financial stability implications.

Article  URL: https://www.fsb.org/wp-content/uploads/P011117.pdf