Remove Data Collection Remove Risk Remove Statistics Remove Uncertainty
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Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

1) What Is A Misleading Statistic? 2) Are Statistics Reliable? 3) Misleading Statistics Examples In Real Life. 4) How Can Statistics Be Misleading. 5) How To Avoid & Identify The Misuse Of Statistics? If all this is true, what is the problem with statistics? What Is A Misleading Statistic?

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Decision-Making in a Time of Crisis

O'Reilly on Data

We know, statistically, that doubling down on an 11 is a good (and common) strategy in blackjack. But when making a decision under uncertainty about the future, two things dictate the outcome: (1) the quality of the decision and (2) chance. Consider risk not only in terms of likelihood but also in terms of the impact of your decisions.

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Generative AI that’s tailored for your business needs with watsonx.ai

IBM Big Data Hub

This process is designed to help mitigate risks so that model outputs can be deployed responsibly with the assistance of watsonx.data and watsonx.governance (coming soon). Building transparency into IBM-developed AI models To date, many available AI models lack information about data provenance, testing and safety or performance parameters.

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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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The Role of Data Governance During A Pandemic

Anmut

Although COVID-19 tracking data is highly complex and is subject to many data quality issues, it is still better to release good-enough data to inform decision making, rather than to take the risk of losing more lives without using any data. COVID-19 exposes shortcomings in data management.

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Our quest for robust time series forecasting at scale

The Unofficial Google Data Science Blog

Quantification of forecast uncertainty via simulation-based prediction intervals. We conclude with an example of our forecasting routine applied to publicly available Turkish Electricity data. They can arise from data collection errors or other unlikely-to-repeat causes such as an outage somewhere on the Internet.

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Data Science, Past & Future

Domino Data Lab

He was saying this doesn’t belong just in statistics. He also really informed a lot of the early thinking about data visualization. It involved a lot of interesting work on something new that was data management. To some extent, academia still struggles a lot with how to stick data science into some sort of discipline.