Neural Networks and functions
Neural Networks have become so popular that they are successfully getting applied in vast areas which include finance, medicine, engineering, geology and physics. This technology is used wherever there is a problem of prediction, classification or control. The success of this technology lies with certain factors.
Neural Networking has good power. They are capable of modeling extremely complicated functions. The neural networks are very easy to use. This network initially gathers data after which calls for training algorithms which thereby automatically learn the structure of the data.
These networks are appealing spontaneously as they are on a very basic model of neural systems. This might lead to intelligent computers in the future. The neural networks have a wide range of application. They can be applied in almost all situations where the relationship between the forecaster variable and the forecasted variable is very complicated and not easy to correlate.
