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Robust Experimentation and Testing | Reasons for Failure!

Occam's Razor

Since you're reading a blog on advanced analytics, I'm going to assume that you have been exposed to the magical and amazing awesomeness of experimentation and testing. And yet, chances are you really don’t know anyone directly who uses experimentation as a part of their regular business practice. Wah wah wah waaah.

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AI poised to replace entry-level positions at large financial institutions

CIO Business Intelligence

Right now most organizations tend to be in the experimental phases of using the technology to supplement employee tasks, but that is likely to change, and quickly, experts say. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

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Changing assignment weights with time-based confounders

The Unofficial Google Data Science Blog

For example, imagine a fantasy football site is considering displaying advanced player statistics. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. One reason to do ramp-up is to mitigate the risk of never before seen arms.

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What is a data scientist? A key data analytics role and a lucrative career

CIO Business Intelligence

Finance: Data on accounts, credit and debit transactions, and similar financial data are vital to a functioning business. But for data scientists in the finance industry, security and compliance, including fraud detection, are also major concerns. Data scientists can help with this process.

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Breaking the Mold: Subhamoy Chakraborti Leads the Digital Transformation of News Media

CIO Business Intelligence

After completing MTech from Indian Statistical Institute, I started my career at Cognizant. We developed multiple products on Sales, Collection, Operations, Credit and implemented products in HR, Finance, and other areas. What do you do to foster a culture of innovation and experimentation in your employees?

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10 Books that Data Analyst Should Read

FineReport

As the preferred business introductory book, this book covers the business environment, job hunting, business management, human resources, marketing, finance, and other aspects, leading readers to master comprehensive knowledge of business operations. By William G Nickels, James McHugh, Susan McHugh. By Michael Milton.

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Variance and significance in large-scale online services

The Unofficial Google Data Science Blog

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.