The analyst has been thinking about the applications of neural networks (NNs) and deep learning (DL) to investment management. Which statement(s) best describe(s) the tasks for which NNs and DL are well-suited?
Statement I: NNs and DL are well-suited for image and speech recognition, and natural language processing.
Statement II: NNs and DL are well-suited for developing single variable ordinary least squares regression models.
Statement III: NNs and DL are well-suited for modelling non-linearities and complex interactions among many features.