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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.

IT 105
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Communal Computing’s Many Problems

O'Reilly on Data

After the release of the iPad in 2010 Craig Hockenberry discussed the great value of communal computing but also the concerns : “When you pass it around, you’re giving everyone who touches it the opportunity to mess with your private life, whether intentionally or not. This expectation isn’t a new one either.

Risk 306
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Changing assignment weights with time-based confounders

The Unofficial Google Data Science Blog

by ALEXANDER WAKIM Ramp-up and multi-armed bandits (MAB) are common strategies in online controlled experiments (OCE). These strategies involve changing assignment weights during an experiment. The first is a strategy called ramp-up and is advised by many experts in the field [1].

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Estimating the prevalence of rare events — theory and practice

The Unofficial Google Data Science Blog

There are many strategies we can use to estimate this quantity, and we will discuss each option in detail. When training a classifier with few positives in the population, one common strategy is to over sample items with positive labels, and/or down sample items with negative labels. This is straightforward and easy to implement.

Metrics 98
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Using random effects models in prediction problems

The Unofficial Google Data Science Blog

In the context of prediction problems, another benefit is that the models produce an estimate of the uncertainty in their predictions: the predictive posterior distribution. Applied Stochastic Models in Business and Industry, 26 (2010): 639-658. [10] bandit problems). 2005): 301-320. [9] 9] Steven L. 10] Steven L.