Mohammed Khawwam Ahmed, Neural Networks in Business Applications, Journal of Engineering and Applied Sciences, Volume 14,Issue 13, 2019, Pages 4491-4500, ISSN 1816-949x, jeasci.2019.4491.4500, (https://makhillpublications.co/view-article.php?doi=jeasci.2019.4491.4500) Abstract: Neural networks originally inspired from neuroscience provide powerful models for statistical data analysis. Their most major feature is their ability to “learn” dependencies based on a finite number of observations. In the context of neural networks the term “learning” means that the knowledge acquired from the samples can be generalized to as yet, sense observation. In this sense, a neural network is often called a learning machine. As such, neural networks might be considered as a symbol for an agent who learns dependencies of his environment and thus, infers strategies of behavior based on al limited number of observations. In this contribution, however, the researcher does not want to abstract from the biological origins of neural network technique but present it as a purely mathematical model and also its statistical applications. Keywords: Artificial Neural Network (ANN);neuron;transfer functions;hidden lopper supervised training;momentum factor;training tolerance;backdrop;galion;cross-validation;jackknifing andbootstrapping