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Statistical Effect Size and Python Implementation

Analytics Vidhya

Introduction One of the most important applications of Statistics is looking into how two or more variables relate. Hypothesis testing is used to look if there is any significant relationship, and we report it using a p-value. Measuring the strength of that relationship […].

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Measuring Bias in Machine Learning: The Statistical Bias Test

DataCamp

This tutorial will define statistical bias in a machine learning model and demonstrate how to perform the test on synthetic data.

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Why you should care about debugging machine learning models

O'Reilly on Data

For all the excitement about machine learning (ML), there are serious impediments to its widespread adoption. In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. Not least is the broadening realization that ML models can fail. Residual analysis.

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AWS Clean Rooms proof of concept scoping part 1: media measurement

AWS Big Data

In this post, we outline planning a POC to measure media effectiveness in a paid advertising campaign. We chose to start this series with media measurement because “Results & Measurement” was the top ranked use case for data collaboration by customers in a recent survey the AWS Clean Rooms team conducted.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

1] With the rise of Big Data in today’s world, Machine Learning (ML) is popularly used to identify, assess, and monitor financial risks as well as detect various suspicious activities and transactions. Model Training: The selected model is trained on a dataset and subsequently validated and tested before being deployed.

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Uncertainties: Statistical, Representational, Interventional

The Unofficial Google Data Science Blog

Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature. Representational uncertainty : the gap between the desired meaning of some measure and its actual meaning.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

With the rise of Big Data in today’s world, Machine Learning (ML) is popularly used to identify, assess, and monitor financial risks as well as detect various suspicious activities and transactions. How Machine Learning Helps Detect and Prevent AML. OCR is widely used to digitize all kinds of physical documentation.