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Question

In the banking and finance industry, which algorithm is commonly used for forecasting, options and bond trading, portfolio management, and mergers and acquisitions?

a.

Decision trees

b.

Memory-based reasoning

c.

Neural networks

d.

Genetic algorithms

Answer: (c).Neural networks Explanation:In the banking and finance industry, neural network algorithms are commonly used for forecasting, options and bond trading, portfolio management, and mergers and acquisitions.

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Q. In the banking and finance industry, which algorithm is commonly used for forecasting, options and bond trading, portfolio management, and mergers and acquisitions?

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