Business Rules


In Data Science, Business Rules refer to a set of guidelines or conditions that are defined by an organization to govern its operations. These rules are based on the organization's policies, procedures, and regulations, and are used to make decisions and automate processes. Business Rules are typically expressed in a structured language that can be easily understood by both humans and machines. They are used in various applications such as fraud detection, risk management, and compliance monitoring. Business Rules can be implemented using various techniques such as decision trees, rule-based systems, and machine learning algorithms.


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