article thumbnail

Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

For example, we may prefer one model to generate a range, but use a second scenario-based model to “stress test” the range. If the alternate model is plausible with a small probability, then we’d like to see that the “stress test” forecast scenario still falls inside the prediction interval generated from our preferred model.

article thumbnail

What Is Embedded Analytics?

Jet Global

Manage compliance through up-to-the-minute performance measures, workflow automation, and essential regulatory reports. Prioritize Next, prioritize the desired functionality based on business drivers. Later on, you’ll appreciate being able to test ideas and leverage best practices as your needs evolve.