The bank manager wants to find the abnormal transactions done in their credit card payment section to prevent unauthorized transactions of the cards issued by the bank. Assume the bank manager will monitor the abnormal activities of the transaction database to find such malicious transactions. Demonstrate how the outliers detection mechanism in a dataset can help the bank manager and list down at least any four of applications of outliers.

The bank manager wants to find the abnormal transactions done in their credit card payment section to prevent unauthorized transactions of the cards issued by the bank. Assume the bank manager will monitor the abnormal activities of the transaction database to find such malicious transactions. Demonstrate how the outliers detection mechanism in a dataset can help the bank manager and list down at least any four of applications of outliers.

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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