Remove 2016 Remove Modeling Remove Statistics Remove Uncertainty
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Belcorp reimagines R&D with AI

CIO Business Intelligence

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Belcorp operates under a direct sales model in 14 countries. Its brands include ésika, L’Bel, and Cyzone, and its products range from skincare and makeup to fragrances.

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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. Crucially, it takes into account the uncertainty inherent in our experiments. And sometimes even if it is not[1].)

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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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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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The trinity of errors in applying confidence intervals: An exploration using Statsmodels

O'Reilly on Data

Recall from my previous blog post that all financial models are at the mercy of the Trinity of Errors , namely: errors in model specifications, errors in model parameter estimates, and errors resulting from the failure of a model to adapt to structural changes in its environment.

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Attributing a deep network’s prediction to its input features

The Unofficial Google Data Science Blog

Typically, causal inference in data science is framed in probabilistic terms, where there is statistical uncertainty in the outcomes as well as model uncertainty about the true causal mechanism connecting inputs and outputs. We are all familiar with linear and logistic regression models.

IT 68
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Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

1) What Is A Misleading Statistic? 2) Are Statistics Reliable? 3) Misleading Statistics Examples In Real Life. 4) How Can Statistics Be Misleading. 5) How To Avoid & Identify The Misuse Of Statistics? If all this is true, what is the problem with statistics? What Is A Misleading Statistic?