AWS Big Data

AUGUST 7, 2023

Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future. The data contains measurements of electric power consumption in different households for the year 2014. To use Forecast, you need to have the AmazonForecastFullAccess policy. We aggregated the usage data hourly.

Forecasting 80

Forecasting Data Warehouse Machine Learning Modeling 80

The Unofficial Google Data Science Blog

APRIL 23, 2024

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Crucially, it takes into account the uncertainty inherent in our experiments. Figure 2: Spreading measurements out makes estimates of model (slope of line) more accurate.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

The Unofficial Google Data Science Blog

APRIL 17, 2017

Quantification of forecast uncertainty via simulation-based prediction intervals. First, the system may not be understood, and even if it was understood it may be extremely difficult to measure the relationships that are assumed to govern its behavior. Crucially, our approach does not rely on model performance on holdout samples.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

Domino Data Lab

JUNE 2, 2019

I recall a “Data Drinkup Group” gathering at a pub in Palo Alto, circa 2012, where I overheard Pete Skomoroch talking with other data scientists about Kahneman’s work. Clearly, when we work with data and machine learning, we’re swimming in those waters of decision-making under uncertainty.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

The Unofficial Google Data Science Blog

AUGUST 27, 2019

The measurement may be biased if our samples are generated from a procedure that samples without replacement, such as reservoir sampling , especially if some items have disproportionate weight, i.e., $p(v_i) cdot n$ is large. 5] Ray Chambers, Robert Clark (2012). High Risk 10% 5% 33.3% Miss-coverage rate with 95% confidence bands.

Metrics 98

Metrics Statistics Uncertainty Optimization 98

The Unofficial Google Data Science Blog

MAY 31, 2016

It is important that we can measure the effect of these offline conversions as well. Panel studies make it possible to measure user behavior along with the exposure to ads and other online elements. Let's take a look at larger groups of individuals whose aggregate behavior we can measure. days or weeks).

Advertising 42

Advertising Testing Sales Statistics 42

datapine

DECEMBER 28, 2021

With the rise of advanced technology and globalized operations, statistical analyses grant businesses an insight into solving the extreme uncertainties of the market. These controlling measures are essential and should be part of any experiment or survey – unfortunately, that isn’t always the case. Source: Bill Grueskin.

Statistics 363

Statistics Advertising Visualization Data mining 363