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Statistical Effect Size and Python Implementation

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction One of the most important applications of Statistics is looking into how two or more variables relate. Hypothesis testing is used to look if there is any significant relationship, and we report it using a p-value.

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A/B Testing Measurement Frameworks ?- ?Every Data Scientist Should Know

Analytics Vidhya

ArticleVideo Book This article was published as a part of the Data Science Blogathon. What is A/B testing? A/B Testing(split testing) is basically the. The post A/B Testing Measurement Frameworks ?- ?Every Every Data Scientist Should Know appeared first on Analytics Vidhya.

Testing 259
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Uncertainties: Statistical, Representational, Interventional

The Unofficial Google Data Science Blog

Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature. Representational uncertainty : the gap between the desired meaning of some measure and its actual meaning.

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Measuring Validity and Reliability of Human Ratings

The Unofficial Google Data Science Blog

E ven after we account for disagreement, human ratings may not measure exactly what we want to measure. Researchers and practitioners have been using human-labeled data for many years, trying to understand all sorts of abstract concepts that we could not measure otherwise. That’s the focus of this blog post.

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Bringing an AI Product to Market

O'Reilly on Data

Product Managers are responsible for the successful development, testing, release, and adoption of a product, and for leading the team that implements those milestones. In this article, we turn our attention to the process itself: how do you bring a product to market? Identifying the problem. Any metric can and will be abused.

Marketing 362
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A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. What is the Paired Sample T Test? The Paired Sample T Test is used to determine whether the mean of a dependent variable e.g., weight, anxiety level, salary, reaction time, etc., is the same in two related groups.