6.8 APPLICATION OF ARTIFICIAL NEURAL NETWORKS
• Neural network have been successfully trained to determine whether loan applications should be approved(Gallant, 1998).
• Another interesting area where neural network have been successfully applied is in sports prediction. In a recent study, Loeffelholz et al.(2009) examined the National Basketball Association(NBA).
• In another sports-related study, Iyer and Sharda (2009) explored the use of neural network to rate and select the best combination cricket players for a competition.