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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

If the relationship of $X$ to $Y$ can be approximated as quadratic (or any polynomial), the objective and constraints as linear in $Y$, then there is a way to express the optimization as a quadratically constrained quadratic program (QCQP). However, joint optimization is possible by increasing both $x_1$ and $x_2$ at the same time.

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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. Experimentation is the key to finding the highest-yielding version of your website elements.

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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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Bringing an AI Product to Market

O'Reilly on Data

Without clarity in metrics, it’s impossible to do meaningful experimentation. AI PMs must ensure that experimentation occurs during three phases of the product lifecycle: Phase 1: Concept During the concept phase, it’s important to determine if it’s even possible for an AI product “ intervention ” to move an upstream business metric.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? Get ready to discover how these innovative approaches not only overcome the limitations of traditional A/B testing, but also unlock new insights and opportunities for optimization!

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How To “Ultralearn” Data Science: summary, for those in a hurry

KDnuggets

For those of you in a hurry and interested in ultralearning (which should be all of you), this recap reviews the approach and summarizes its key elements -- focus, optimization, and deep understanding with experimentation -- geared toward learning Data Science.

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Your New Cloud for AI May Be Inside a Colo

CIO Business Intelligence

The cloud is great for experimentation when data sets are smaller and model complexity is light. However, this repatriation can mean more headaches for data science and IT teams to design, deploy and manage infrastructure optimized for AI as the workloads return on premises.