Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Occam's Razor

SEPTEMBER 24, 2012

FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. Because we don't understand the uniqueness, we fall back on profoundly sub-optimal old world metrics like Reach or Online GRP equivalents. Metrics are a problem.

Advertising 165

Advertising ROI Metrics Marketing 165

DataRobot Blog

MAY 26, 2022

When the FRB’s guidance was first introduced in 2011, modelers often employed traditional regression -based models for their business needs. Furthermore, through its interactive interface, the modeler is able to do multiple what-if analyses to see the impact of changing the prediction threshold on the corresponding model precision and recall.

Risk 52

Risk Modeling Metrics Business Objectives 52

Smart Data Collective

MAY 20, 2021

It is important to be aware of the different online data analytics metrics and tools used to track people online, since they shape the direction of big data technology. General user’s statistics. Cookies were designed as a storage of information; by themselves, they represent no harm and can’t interact with the user’s computer.

Advertising 86

Advertising Analytics Big Data Insurance 86

Peter James Thomas

AUGUST 12, 2018

Pertinence and fidelity of metrics developed from Data. Metrics are seldom reliant on just one data element, but are often rather combinations. There are often compromises to be made in defining metrics. Integrity of statistical estimates based on Data. For example: Is this a good way to define New Business Growth?

Metrics 49

Metrics Statistics Data Quality Measurement 49

Domino Data Lab

AUGUST 22, 2019

Although it’s not perfect, [Note: These are statistical approximations, of course!] Instead, we recommend using the bokeh library to create a highly interactive—and actionable—plot, as with the code provided in Example 11.11. Interactive bokeh plot of two-dimensional word-vector data. Note: Maas, A., Example 11.6 Example 11.11

Deep Learning 111

Deep Learning Modeling Metrics Testing 111