Remove 2010 Remove Big Data Remove Optimization Remove Statistics
article thumbnail

Changing assignment weights with time-based confounders

The Unofficial Google Data Science Blog

For example, imagine a fantasy football site is considering displaying advanced player statistics. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. One reason to do ramp-up is to mitigate the risk of never before seen arms.

article thumbnail

Using random effects models in prediction problems

The Unofficial Google Data Science Blog

Far from hypothetical, we have encountered these issues in our experiences with "big data" prediction problems. We often use statistical models to summarize the variation in our data, and random effects models are well suited for this — they are a form of ANOVA after all. bandit problems). 5] Anoop Korattikara, et al.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Unintentional data

The Unofficial Google Data Science Blog

1]" Statistics, as a discipline, was largely developed in a small data world. Data was expensive to gather, and therefore decisions to collect data were generally well-considered. Implicitly, there was a prior belief about some interesting causal mechanism or an underlying hypothesis motivating the collection of the data.

article thumbnail

Why Data Driven Decision Making is Your Path To Business Success

datapine

The term ‘big data’ alone has become something of a buzzword in recent times – and for good reason. As a direct result, less IT support is required to produce reports, trends, visualizations, and insights that facilitate the data decision making process. Qualitative data analysis is based on observation rather than measurement.

article thumbnail

Where Programming, Ops, AI, and the Cloud are Headed in 2021

O'Reilly on Data

AI, Machine Learning, and Data. Healthy growth in artificial intelligence has continued: machine learning is up 14%, while AI is up 64%; data science is up 16%, and statistics is up 47%. These problems will be solved eventually, with a new generation of tools—indeed, those tools are already being built—but we’re not there yet.