Occam's Razor

MAY 22, 2006

This post is a primer on the delightful world of testing and experimentation (A/B, Multivariate, and a new term from me: Experience Testing). Experimentation and testing help us figure out we are wrong, quickly and repeatedly and if you think about it that is a great thing for our customers, and for our employers.

Experimentation 103

Experimentation Testing Optimization Measurement 103

Occam's Razor

JULY 24, 2018

The universe of digital analytics is massive and can seem as complex as the cosmic universe. Even simple questions like “ How effective is our analytics strategy? Soon, your digital analytics strategic framework that you hoped would provide a true north to the analytics strategy question looks like this ….

Analytics 93

Analytics Metrics Strategy Measurement 93

Sisense

JANUARY 21, 2020

Our BI Best Practices demystify the analytics world and empower you with actionable how-to guidance. This is an example of Simpon’s paradox , a statistical phenomenon in which a trend that is present when data is put into groups reverses or disappears when the data is combined. It’s time to introduce a new statistical term.

Testing 104

Testing Risk Data-driven Statistics 104

Occam's Razor

AUGUST 22, 2011

Here you'll find all my blog posts categorized into a structure that will hopefully make it easy for you to discover new content, find answers to your questions, or simply wallow in some excellent analytics narratives. " ~ Digital Analytics: "Am I thinking right? How To Excite People About Web Analytics: Five Tips.

KPI 124

KPI Metrics Measurement ROI 124

Occam's Razor

MARCH 23, 2010

There are more mistruths and F U D about Web analytics out there than I think is reasonable. Part of it is fueled by a vocal minority genuinely upset that 10 years on we are still not a statistically powered bunch doing complicated analysis that is shifting paradigms. Here are ten web analytics ground truths… 1.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Cloudera

NOVEMBER 25, 2020

Sample and treatment history data is mostly structured, using analytics engines that use well-known, standard SQL. Combining data from structured, semi-structured, and unstructured analytics services is very challenging, often involving programmatic or manual correlation. Which is invaluable to organizations such as Matthews.

Data Warehouse 58

Data Warehouse Unstructured Data Analytics Visualization 58

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Why should Chief Data & Analytics Officers care about data security?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Domino Data Lab

DECEMBER 4, 2020

PharmaceUtical Modeling And Simulation (or PUMAS) is a suite of tools to perform quantitative analytics for pharmaceutical drug development [2]. The framework can facilitate a wide range of analytics task, including but not limited to: Non-compartmental Analysis. Specification of Nonlinear Mixed Effects (NLME) Models. and 3 to 8 hours.

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. It helps you do analytics that you can’t otherwise do.

Technology 59

Technology Risk Digital Transformation Measurement 59

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

This post describes the analytical issues which arise in such a setting, and what the data scientist can do about them. 1]" Statistics, as a discipline, was largely developed in a small data world. 1]" Statistics, as a discipline, was largely developed in a small data world.

Experimentation 61

Experimentation Testing Statistics Metrics 61

Alation

SEPTEMBER 28, 2022

The term has been used a lot more of late, especially in the data analytics industry, as we’ve seen it expand over the past few years to keep pace with new regulations, like the GDPR and CCPA. Teams are better able to conduct research on AI technologies , new analytics tools, and methods and share them in a DataOps environment.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

Domino Data Lab

JUNE 23, 2019

Skomoroch proposes that managing ML projects are challenging for organizations because shipping ML projects requires an experimental culture that fundamentally changes how many companies approach building and shipping software. Companies that succeed at machine learning tend to build on those existing analytics use cases.

Management 110

Management Machine Learning Experimentation Metrics 110

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. It would access vast customer data and combine it with real-time analytics for efficient and personalized service.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

Occam's Razor

FEBRUARY 8, 2021

From observing behavior closely, and from my own experimentation and failure, I've noticed consistent patterns in what great employees do and great bosses do. They find the external author of the statistical algorithm I want them to use, and ask them for guidance. They do more research than is required. Invest in yourself.

Strategy 132

Strategy Statistics Cost-Benefit Marketing 132

Occam's Razor

JANUARY 9, 2012

Here's important context (before we get into the rules for revolutionaries)… The Fundamental Web Analytics Problem Is Not Data! Most companies are astonishingly blasé about data and possibilities of measurement. " Sad, unimaginative measurements of their sad, unimaginative campaigns. One of my biggest learnings?

Marketing 140

Marketing B2B Measurement Risk 140

O'Reilly on Data

MARCH 23, 2023

Tokens ChatGPT’s sense of “context”—the amount of text that it considers when it’s in conversation—is measured in “tokens,” which are also used for billing. And it can look up an author and make statistical observations about their interests. But it is an amazing analytic engine.” Tokens are significant parts of a word.

IT 258

IT Modeling Testing Risk 258

Occam's Razor

JUNE 6, 2007

I am thrilled to say that my book Web Analytics: An Hour A Day has been published and is now widely available. Five Reasons Why You Should Buy Web Analytics: An Hour A Day: Web Analytics: An Hour A Day for the first time provides a Practitioner's in the trenches perspective on web analytics. There I said it.

Analytics 60

Analytics Metrics Marketing Dashboards 60

The Unofficial Google Data Science Blog

OCTOBER 21, 2015

It is important to make clear distinctions among each of these, and to advance the state of knowledge through concerted observation, modeling and experimentation. We chose this particular subject to illustrate the practice of science because the issues are generally accessible and the analytical methods relatively simple.

Slice and Dice 45

Slice and Dice Experimentation Data-driven Data Science 45