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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

An exploration of three types of errors inherent in all financial models. At Hedged Capital , an AI-first financial trading and advisory firm, we use probabilistic models to trade the financial markets. All financial models are wrong. Clearly, a map will not be able to capture the richness of the terrain it models.

Modeling 134
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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well. That is true generally, not just in these experiments — spreading measurements out is generally better, if the straight-line model is a priori correct.

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Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

Based on the structure of the chart, it does in fact appear to show that the number of abortions since 2006 experienced substantial growth, while the number of cancer screenings substantially decreased. 3) Data fishing. This misleading data example is also referred to as “data dredging” (and related to flawed correlations).