Remove 2009 Remove Modeling Remove Statistics Remove Uncertainty
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Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

1) What Is A Misleading Statistic? 2) Are Statistics Reliable? 3) Misleading Statistics Examples In Real Life. 4) How Can Statistics Be Misleading. 5) How To Avoid & Identify The Misuse Of Statistics? If all this is true, what is the problem with statistics? What Is A Misleading Statistic?

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Fact-based Decision-making

Peter James Thomas

Integrity of statistical estimates based on Data. Having spent 18 years working in various parts of the Insurance industry, statistical estimates being part of the standard set of metrics is pretty familiar to me [7]. The thing with statistical estimates is that they are never a single figure but a range. million ± £0.5

Metrics 49
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Fitting Bayesian structural time series with the bsts R package

The Unofficial Google Data Science Blog

SCOTT Time series data are everywhere, but time series modeling is a fairly specialized area within statistics and data science. This post describes the bsts software package, which makes it easy to fit some fairly sophisticated time series models with just a few lines of R code. by STEVEN L. Forecasting (e.g.

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Attributing a deep network’s prediction to its input features

The Unofficial Google Data Science Blog

Typically, causal inference in data science is framed in probabilistic terms, where there is statistical uncertainty in the outcomes as well as model uncertainty about the true causal mechanism connecting inputs and outputs. We are all familiar with linear and logistic regression models.

IT 68
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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

Let's listen in as Alistair discusses the lean analytics model… The Lean Analytics Cycle is a simple, four-step process that shows you how to improve a part of your business. Another way to find the metric you want to change is to look at your business model. The business model also tells you what the metric should be.

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