I've actually done work on synthetic data development -- https://medium.com/capital-one-tech/why-you-dont-necessarily-need-data-for-data-science-48d7bf503074 h

I've actually done work on synthetic data development -- https://medium.com/capital-one-tech/why-you-dont-necessarily-need-data-for-data-science-48d7bf503074 https://medium.com/capital-one-tech/why-you-dont-necessarily... Generally, we use it to avoid utilizing 'real' data. Accuracy usually is the same using either synthetic or real data. There are edge cases where one fails due to particular issues about how synthetic data suppresses outliers, etc.