How would you use Counterfactual Explanations in a real-world scenario to improve model transparency?
Instruction: Provide a detailed example of how Counterfactual Explanations could be applied to make a complex AI model more understandable for end users.
Context: This question assesses the candidate's practical knowledge of Counterfactual Explanations and their ability to apply this technique to enhance transparency in AI.
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The way I'd approach it in an interview is this: A good real-world example is loan approval...