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OPERATIONAL RISK/TECHNOLOGYIdentifying Bias in Machine Learning Algorithms:CLASSIFICATION WITHOUT DISCRIMINATION 42 The RMA Journal September 2020 | Copyright 2020 by RMATHERE IS A RISK TO EVERY INSTITUTION
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01
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What is a classification of machine?
A classification of machine is a categorization that identifies the specific type or function of a machine, often used for regulatory, safety, and operational purposes.
Who is required to file a classification of machine?
Manufacturers, importers, and users of specific machinery are typically required to file a classification of machine to ensure compliance with safety standards and regulations.
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To fill out a classification of machine, individuals should provide detailed information about the machine's specifications, applications, safety features, and any relevant operational data as required by the governing body.
What is the purpose of a classification of machine?
The purpose of a classification of machine is to ensure that machines are properly regulated for safety, efficiency, and compliance with industry standards, thereby minimizing risk in operations.
What information must be reported on a classification of machine?
Information that must be reported includes the machine's manufacturer, model number, specifications, intended use, safety features, and any compliance certifications applicable.
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