16 Anomaly Detection: Control Charts

10.19.2020 - By Machine Learning with Coffee

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Anomaly detection is not something recent, techniques have been around for decades. Control charts are graphs with solid mathematical and statistical foundations which monitor how a process changes over time. They implement control limits which automatically flag anomalies in a process in real-time. Depending on the problem at hand, control charts might be a better alternative to more sophisticated machine learning approaches for anomaly detection. 

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