The Financial Application of Machine Learning Using R Software

Sami Mestiri

International Journal of Economics, Business Management and Accounting
Vol. 5 No. 2 (2023): July 2023

In the last years, the financial sector has seen an increase in the use of machine learning models in banking and insurance contexts. Advanced analytic teams in the financial community are implementing these models regularly. In this paper, we analyses the limitations of machine learning methods, and then provides some suggestions on the choice of methods in financial applications. We refer the reader to the R libraries that can be used to compute the Machine learning methods