Actuarial Mathematics
Long Short-Term Memory (LSTM) is a type of recurrent neural network architecture specifically designed to model sequential data and address issues like vanishing gradients that can occur in traditional RNNs. LSTMs are particularly effective in tasks involving time-series prediction, natural language processing, and other applications where context from previous inputs influences the current output. They use memory cells and gating mechanisms to regulate the flow of information, allowing them to remember and forget information over extended sequences.
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