6.8 APPLICATION OF ARTIFICIAL NEURAL NETWORKS
• Fraud prevention is another successfully utilized area of neural network applications in business.
• Another important application of neural network is in time-series forecasting. Several studies have attempted to use neural network for time-series prediction.
• A new and prosperous area of application for neural network is in the field of health care and medicine.
• In another recent study, Guler et al.(2009) used artificial neural networks to develop a diagnostic system to detect the severity of traumatic brain injuries.