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CDO Deepak Sharma on banking IT success

CIO Business Intelligence

As chief digital officer of Kotak Mahindra Bank, Deepak Sharma has been instrumental in driving the bank’s digital transformation, future-ready initiatives, and business model innovation strategies. As I was setting up the NRI banking and remittance platform in 2010, I started getting involved with technology.

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Communal Computing’s Many Problems

O'Reilly on Data

When we’re building shared devices with a user model, that model quickly runs into limitations. That model doesn’t fit reality: the identity of a communal device isn’t a single person, but everyone who can interact with it. With enough data, models can be created to “read between the lines” in both helpful and dangerous ways.

Risk 306
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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. This post describes the bsts software package, which makes it easy to fit some fairly sophisticated time series models with just a few lines of R code. by STEVEN L. Forecasting (e.g.

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Changing assignment weights with time-based confounders

The Unofficial Google Data Science Blog

For this reason we don’t report uncertainty measures or statistical significance in the results of the simulation. In practice, one may want to use more complex models to make these estimates. For example, one may want to use a model that can pool the epoch estimates with each other via hierarchical modeling (a.k.a.

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Using random effects models in prediction problems

The Unofficial Google Data Science Blog

KUEHNEL, and ALI NASIRI AMINI In this post, we give a brief introduction to random effects models, and discuss some of their uses. Through simulation we illustrate issues with model fitting techniques that depend on matrix factorization. Random effects models are a useful tool for both exploratory analyses and prediction problems.

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Estimating the prevalence of rare events — theory and practice

The Unofficial Google Data Science Blog

The bucketing method also changes the importance sampling to a stratified sampling setting, and allows us to use binomial confidence intervals to estimate the uncertainty of our estimate (more on that later). Statistics in Biopharmaceutical Research, 2010. [4] An Introduction to Model-Based Survey Sampling with Applications. [6]

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