Remove 2003 Remove Experimentation Remove Technology Remove Uncertainty
article thumbnail

Why CEOs should test big digital business ideas in tiny countries.

Mark Raskino

For example in 2003, when I visited Zagreb in Croatia for the first time – they had mobile phone text based payment for car parking. What works in information technology inside Iceland is going to work in China, the United States and elsewhere. Digital progress isn’t just about Moore’s law and technology.

Testing 53
article thumbnail

The trinity of errors in applying confidence intervals: An exploration using Statsmodels

O'Reilly on Data

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions.