Neural networks are mathematical constructs that mimic the structure of the human brain to summarize complex information into simple, tangible results. Much like we train the human brain to, for example, learn to control our bodies in order to walk, these networks also need to be trained with significant amounts of data. Over the last five years, there have been tremendous advancements in the layering of these networks and the compute power available to train them.
In the call center industry, researchers apply Neural Networks widely in model prediction and data mining because of their remarkable approximation ability.
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