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What is Model Risk and Why Does it Matter?

DataRobot Blog

In 2011, the Federal Reserve Board (FRB) and the Office of Comptroller of the Currency (OCC) issued a joint regulation specifically targeting Model Risk Management (respectively, SR 11-7 and OCC Bulletin 2011-12 ). A purposeful MLOps strategy can provide exactly this.

Risk 111
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Smarter Survey Results and Impact: Abandon the Asker-Puker Model!

Occam's Razor

I've added new insights, recommendations, and two bonus lessons on how to do surveys better and a direct challenge to your company's current analytics strategy. If you are open to being challenged… then here are the short-stories inside this post… The World Needs Reporting Squirrels. I heart you. Bottom-line.

Modeling 127
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Six Nudges: Creating A Sense Of Urgency For Higher Conversion Rates!

Occam's Razor

I mean developing and inserting a subtle collection of gentle nudges that can help increase the conversion rate by a statistically significant amount. Go to the Multi-Channel Funnels folder in Google analytics and look at two other yummy reports: Time Lag and Path Length. I don’t mean: BUY IT NOW OR ELSE! Sizing the Opportunity.

Strategy 124
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Excellent Analytics Tips #20: Measuring Digital "Brand Strength"

Occam's Razor

Step 4: In the middle of the resulting report you'll see a trend that looks like this: This shows the number of searches for your brand, relative to the total number of searches done on Google over time (for the geographic region and time period you've chosen). Step 3: Click Search. Amazon is an interesting example.

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Diversity for Businesses: What happens if Diversity is at odds with the organization?

Jen Stirrup

I’m normally reporting into Board level, or one level below, so my projects tend to have high visibility across the organization. In the Art of War, one strategy is to decide when to expend your energy and when to conserve energy. Office for National Statistics (2015) Gender Pay Gap. The Diversity Management Perspective.

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Data Science at The New York Times

Domino Data Lab

When I showed up I was reporting to the head of BI who reported to CTO who reported to CIO who reported to EVP of digital products who reported to CEO. At this point data is a function that reports directly to CEO. Nobody paid any attention to it whatsoever until 2011. We can monetize that.”

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Unintentional data

The Unofficial Google Data Science Blog

1]" Statistics, as a discipline, was largely developed in a small data world. More people than ever are using statistical analysis packages and dashboards, explicitly or more often implicitly, to develop and test hypotheses. This question is statistical or methodological in nature. Know what matters.