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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

They trade the markets using quantitative models based on non-financial theories such as information theory, data science, and machine learning. Whether financial models are based on academic theories or empirical data mining strategies, they are all subject to the trinity of modeling errors explained below. Baggett, W.C.

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Transforming Credit and Collection with Predictive Analytics

BizAcuity

is delinquent as of June 30th, 2017. With Big Data, it is possible to acquire and segregate data with laser sharp focus with respect to one singular debtor. By clubbing various techniques like data mining, machine learning, artificial intelligence and statistical modelling, it makes predictions about events in the future.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 12: How AI is rapidly transforming the enterprise landscape in the post-COVID world

bridgei2i

She’s the founder and CEO of StatWeather, a company, which was recognized as number one in climate technology globally in the year, 2017, by the Energy Risk Awards. So, then we need systems, analysts, database administrators, people who can set in place, these types of backup systems for risk management. Not just that.

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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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ML internals: Synthetic Minority Oversampling (SMOTE) Technique

Domino Data Lab

propose a different strategy where the minority class is over-sampled by generating synthetic examples. This carries the risk of this modification performing worse than simpler approaches like majority under-sampling. The class imbalance problem: Significance and strategies. In their 2002 paper Chawla et al. Chawla et al.

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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

It is also a sound strategy when experimenting with several parameters at the same time. To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages. (And sometimes even if it is not[1].) Why experiment with several parameters concurrently?

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

In 2020, BI tools and strategies will become increasingly customized. It is not only important to gather as much information possible, but the quality and the context in which data is being used and interpreted serves as the main focus for the future of business intelligence. Source: Business Application Research Center *.