A Machine Learning Specialist Works for a Credit Card Processing

Multiple Choice

A Machine Learning Specialist works for a credit card processing company and needs to predict which transactions may be fraudulent in near-real time. Specifically, the Specialist must train a model that returns the probability that a given transaction may fraudulent. How should the Specialist frame this business problem?

A) Streaming classification
B) Binary classification
C) Multi-category classification
D) Regression classification