The Unofficial Google Data Science Blog

APRIL 23, 2024

Crucially, it takes into account the uncertainty inherent in our experiments. To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages. In this section we’ll discuss how we approach these two kinds of uncertainty with QCQP.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

The Unofficial Google Data Science Blog

JULY 22, 2020

Another reason to use ramp-up is to test if a website's infrastructure can handle deploying a new arm to all of its users. The website wants to make sure they have the infrastructure to handle the feature while testing if engagement increases enough to justify the infrastructure. We offer two examples where this may be the case.

Experimentation 95

Experimentation Statistics Testing Strategy 95

O'Reilly on Data

DECEMBER 9, 2019

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions.

Statistics 27

Statistics Uncertainty Risk Marketing 27