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Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.

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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. Measure and decide what to do.

Metrics 156
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Experiment design and modeling for long-term studies in ads

The Unofficial Google Data Science Blog

by HENNING HOHNHOLD, DEIRDRE O'BRIEN, and DIANE TANG In this post we discuss the challenges in measuring and modeling the long-term effect of ads on user behavior. Nevertheless, A/B testing has challenges and blind spots, such as: the difficulty of identifying suitable metrics that give "works well" a measurable meaning.

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Netflix Prize Summary: Scalable Collaborative Filtering with Jointly Derived Neighborhood Interpolation Weights

Edwin Chen

This is a summary of Bell and Koren’s 2007 Scalable Collaborative Filtering with Jointly Derived Neighborhood Interpolation Weights paper. We’ll see how using an optimization method to derive weights (as opposed to deriving weights via a similarity function) overcomes these two limitations.

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Global Multichannel Consumer Behaviour (Research/Purchase) Analysis

Occam's Razor

Note: The IAB (Interactive Advertising Bureau) and Google both benefit in their own way from the use of digital platforms. I spend 70% of my time in the US and for those discussions I'm primary looking at speed (connection above), mobile penetration (yes, 2007 was the year of mobile!), Most of the outcomes may still be offline.

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Why model calibration matters and how to achieve it

The Unofficial Google Data Science Blog

For these ML systems, calibration simplifies interaction. The numerical value of the signal became decoupled from the event it was measuring even as the ordinal value remained unchanged. isn’t good enough: it optimizes the calibration term, but pays the price in sharpness. And users may start receiving a lot more spam!

Modeling 122