Peter James Thomas

JUNE 20, 2019

Of course it can be argued that you can use statistics (and Google Trends in particular) to prove anything [1] , but I found the above figures striking. © Scott Adams (2017) – dilbert.com. In 2017, a survey estimated that 68 percent of American offices had low or no separation between workers. Source: Google Trends.

Cost-Benefit 55

Cost-Benefit Data Warehouse Consulting Data Science 55

The Unofficial Google Data Science Blog

APRIL 23, 2024

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.

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. Prediction Intervals A statistical forecasting system should not lack uncertainty quantification. Accessed on 20 March 2017. Journal of Official Statistics 6.1 Forecasting: principles and practice. OTexts, 2014. Specifically, see "1.4

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

The Unofficial Google Data Science Blog

JULY 22, 2020

For example, imagine a fantasy football site is considering displaying advanced player statistics. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. One reason to do ramp-up is to mitigate the risk of never before seen arms.

Experimentation 95

Experimentation Statistics Testing Strategy 95

The Unofficial Google Data Science Blog

JULY 18, 2023

Editor's note : The relationship between reliability and validity are somewhat analogous to that between the notions of statistical uncertainty and representational uncertainty introduced in an earlier post. But for more complicated metrics like xRR, our preference is to bootstrap when measuring uncertainty.

Measurement 52

Measurement Metrics Uncertainty Slice and Dice 52

The Unofficial Google Data Science Blog

JULY 11, 2017

SCOTT Time series data are everywhere, but time series modeling is a fairly specialized area within statistics and data science. They may contain parameters in the statistical sense, but often they simply contain strategically placed 0's and 1's indicating which bits of $alpha_t$ are relevant for a particular computation. by STEVEN L.

Forecasting 64

Forecasting Statistics Modeling Software 64

Peter James Thomas

AUGUST 12, 2018

Integrity of statistical estimates based on Data. Having spent 18 years working in various parts of the Insurance industry, statistical estimates being part of the standard set of metrics is pretty familiar to me [7]. The thing with statistical estimates is that they are never a single figure but a range. million ± £0.5

Metrics 49

Metrics Statistics Data Quality Measurement 49