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New Thinking, Old Thinking and a Fairytale

Peter James Thomas

Of course it can be argued that you can use statistics (and Google Trends in particular) to prove anything [1] , but I found the above figures striking. King was a wise King, but now he was gripped with uncertainty. – McKinsey 2009. . [6]. Source: Google Trends. – Gartner 2007. “60-70% – CIO.com 2010. “61%

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

Occam's Razor

Remember that the raw number is not the only important part, we would also measure statistical significance. By late 2009, that experiment was a success, too; they'd climbed back up to 4.5 They might deal with uncertainty, but they're not random. The result? By 2011, the company had 20 full-time photographers on staff.

Metrics 156
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Fact-based Decision-making

Peter James Thomas

Integrity of statistical estimates based on Data. Having spent 18 years working in various parts of the Insurance industry, statistical estimates being part of the standard set of metrics is pretty familiar to me [7]. The thing with statistical estimates is that they are never a single figure but a range. million ± £0.5

Metrics 49
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Fitting Bayesian structural time series with the bsts R package

The Unofficial Google Data Science Blog

SCOTT Time series data are everywhere, but time series modeling is a fairly specialized area within statistics and data science. They may contain parameters in the statistical sense, but often they simply contain strategically placed 0's and 1's indicating which bits of $alpha_t$ are relevant for a particular computation. by STEVEN L.

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Attributing a deep network’s prediction to its input features

The Unofficial Google Data Science Blog

Typically, causal inference in data science is framed in probabilistic terms, where there is statistical uncertainty in the outcomes as well as model uncertainty about the true causal mechanism connecting inputs and outputs. 2009, " Measuring invariances in deep networks ". CoRR, 2016. [3] Goodfellow, Quoc V.

IT 68
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Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

1) What Is A Misleading Statistic? 2) Are Statistics Reliable? 3) Misleading Statistics Examples In Real Life. 4) How Can Statistics Be Misleading. 5) How To Avoid & Identify The Misuse Of Statistics? If all this is true, what is the problem with statistics? What Is A Misleading Statistic?