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Managing risk in machine learning

O'Reilly on Data

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Fortunately there are members of our data community who have been thinking about these problems.

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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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Mobile Data Collection: What it is and what it can do

FineReport

Data collection is nothing new, but the introduction of mobile devices has made it more interesting and efficient. But now, mobile data collection means information can be digitally recording on the mobile device at the source of its origin, eliminating the need for data entry after the information is collected.

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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Traditional data, like demographics, continues to be a factor in risk assessment. Teens and young adults are less experienced drivers and, therefore, at risk for more car accidents. Demographics. Occupation.

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Mobile Data Collection: What it is and what it can do

FineReport

Data collection is nothing new, but the introduction of mobile devices has made it more interesting and efficient. But now, mobile data collection means information can be digitally recording on the mobile device at the source of its origin, eliminating the need for data entry after the information is collected.

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The Role of Data Analytics in Football Performance

Smart Data Collective

The introduction of data collection and analysis has revolutionized the way teams and coaches approach the game. Liam Fox, a contributor for Forbes detailed some of the ways that data analytics is changing the NFL. Big data will become even more important in the near future.

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Incorporating Data Analytics in Fast Food Legal Cases

Smart Data Collective

The Power of Data Analytics: An Overview Data analytics, in its simplest form, is the process of inspecting, cleansing, transforming, and modeling data to unearth useful information, draw conclusions, and support decision-making. In the realm of legal affairs, data analytics can serve as a strategic ally.