Remove Data Collection Remove Experimentation Remove Risk Remove Statistics
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Why Nonprofits Shouldn’t Use Statistics

Depict Data Studio

— Thank you to Ann Emery, Depict Data Studio, and her Simple Spreadsheets class for inviting us to talk to them about the use of statistics in nonprofit program evaluation! But then we realized that much of the time, statistics just don’t have much of a role in nonprofit work. Why Nonprofits Shouldn’t Use Statistics.

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Bringing an AI Product to Market

O'Reilly on Data

Without clarity in metrics, it’s impossible to do meaningful experimentation. AI PMs must ensure that experimentation occurs during three phases of the product lifecycle: Phase 1: Concept During the concept phase, it’s important to determine if it’s even possible for an AI product “ intervention ” to move an upstream business metric.

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AI adoption in the enterprise 2020

O'Reilly on Data

Whether it’s controlling for common risk factors—bias in model development, missing or poorly conditioned data, the tendency of models to degrade in production—or instantiating formal processes to promote data governance, adopters will have their work cut out for them as they work to establish reliable AI production lines.

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What you need to know about product management for AI

O'Reilly on Data

All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. After training, the system can make predictions (or deliver other results) based on data it hasn’t seen before. Machine learning adds uncertainty.

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Unintentional data

The Unofficial Google Data Science Blog

1]" Statistics, as a discipline, was largely developed in a small data world. Data was expensive to gather, and therefore decisions to collect data were generally well-considered. As computing and storage have made data collection cheaper and easier, we now gather data without this underlying motivation.

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Themes and Conferences per Pacoid, Episode 9

Domino Data Lab

The lens of reductionism and an overemphasis on engineering becomes an Achilles heel for data science work. Instead, consider a “full stack” tracing from the point of data collection all the way out through inference. He talked about the risks of reductionism and Descartes’ questionable legacy. Ergo, less interpretable.

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Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg

AWS Big Data

Backtesting is a process used in quantitative finance to evaluate trading strategies using historical data. This helps traders determine the potential profitability of a strategy and identify any risks associated with it, enabling them to optimize it for better performance. Sell 1 (PVH, PVH) 2022-09-06 18321.729571 55.15