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11 Financial Model Examples & Templates for 2021

Jet Global

Financial modeling involves combining key accounting, finance, and business metrics to build an abstract representation, or model, of a company’s financial situation. Executives typically use financial models to make decisions regarding: Budgeting and forecasting. Forecasting Models. What Is Financial Modeling?

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Reclaiming the stories that algorithms tell

O'Reilly on Data

His system was needed because “beginning teachers and librarians” were less expert at “forecasting comprehension rates” than the algorithm was. These report cards have changed the way that cardiac surgeons in New York do their jobs, but thirty years on, it’s still not clear whether the metrics make things better.

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ML internals: Synthetic Minority Oversampling (SMOTE) Technique

Domino Data Lab

Working with highly imbalanced data can be problematic in several aspects: Distorted performance metrics — In a highly imbalanced dataset, say a binary dataset with a class ratio of 98:2, an algorithm that always predicts the majority class and completely ignores the minority class will still be 98% correct. return synthetic. Knowler, W.

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Benchmarking Performance: Your Options, Dos, Don'ts and To-Die-Fors!

Occam's Razor

If you've read my first book Web Analytics: An Hour A Day, you know that I've advocated this strategy since 2008! Conversion rate is one of those metrics that I strongly encourage you only create benchmarks for from your own data. There are four reasons, again from Web Analytics: An Hour A Day, from 2008 (!):

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Blogs and Resources for the Modern CFO – 2020 Edition

Jet Global

Since its launch during the 2008 financial crisis, Planet Money, a podcast from National Public Radio, has won many awards. Rob Lund, Partner at Advanced CFO, goes over the five key performance metrics you should be checking to make sure your strategy is working properly. Can you see it in your numbers? CFO.com is just that.

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Deep Learning Illustrated: Building Natural Language Processing Models

Domino Data Lab

We need to take a brief break from natural language-specific content here to introduce a metric that will come in handy in the next section of the chapter, when we will evaluate the performance of deep learning NLP models. Note: van der Maaten, L., & Hinton, G. Visualizing data using t-SNE. Example 11.9 The Area under the ROC Curve.