as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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cite an example of machine learning in finance.
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an example of machine learning in finance is its use for fraud detection. machine learning algorithms can analyze large amounts of data to identify patterns of suspicious activity and alert financial institutions which could indicate fraudulent behaviors.
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