Physical Sciences and Mathematics Commons^™

An Examination Of The Smote And Other Smote-Based Techniques That Use Synthetic Data To Oversample The Minority Class In The Context Of Credit-Card Fraud Classification, Eduardo Parkinson De Castro

Dissertations

This research project seeks to investigate some of the different sampling techniques that generate and use synthetic data to oversample the minority class as a means of handling the imbalanced distribution between non-fraudulent (majority class) and fraudulent (minority class) classes in a credit-card fraud dataset. The purpose of the research project is to assess the effectiveness of these techniques in the context of fraud detection which is a highly imbalanced and cost-sensitive dataset. Machine learning tasks that require learning from datasets that are highly unbalanced have difficulty learning since many of the traditional learning algorithms are not designed to cope …