Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Sisense

JANUARY 21, 2020

One of the simplest ways to start exploring your data is to aggregate the metrics you are interested in by their relevant dimensions. This is an example of Simpon’s paradox , a statistical phenomenon in which a trend that is present when data is put into groups reverses or disappears when the data is combined.

Testing 104

Testing Risk Data-driven Statistics 104

Domino Data Lab

APRIL 21, 2021

In contrast, the decision tree classifies observations based on attribute splits learned from the statistical properties of the training data. Machine Learning-based detection – using statistical learning is another approach that is gaining popularity, mostly because it is less laborious. from sklearn import metrics.

Statistics 69

Statistics Machine Learning Modeling Metrics 69

Domino Data Lab

MAY 8, 2019

If your “performance” metrics are focused on predictive power, then you’ll probably end up with more complex models, and consequently less interpretable ones. They also require advanced skills in statistics, experimental design, causal inference, and so on – more than most data science teams will have.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Occam's Razor

FEBRUARY 22, 2010

For example, with Alexa , you can report on traffic statistics (such as rank and page views), upstream (where your traffic comes from) and downstream (where people go after visiting your site) statistics, and key-words driving traffic to a site. Check the definitions of various metrics. numbers for various industries.

Metrics 123

Metrics Advertising Reporting Software 123

The Unofficial Google Data Science Blog

NOVEMBER 17, 2020

On the one hand, basic statistical models (e.g. For example, consider the following simple example fitting a two-dimensional function to predict if someone will pass the bar exam based just on their GPA (grades) and LSAT (a standardized test) using the public dataset (Wightman, 1998). References Wightman, L. and Gupta, M. Pfeifer, J.,

Machine Learning 108

Machine Learning Deep Learning Modeling Interactive 108