Remove Data mining Remove Knowledge Discovery Remove Reporting Remove Risk
article thumbnail

Business Intelligence System: Definition, Application & Practice

FineReport

Business intelligence (BI) leverages data analysis to form actionable insights that inform an organization’s strategic and tactical business decisions. Data Mining. In practical applications, data mining is also used to mine the past and predict the future. DASHBOARD REPORTING (by FineReport).

article thumbnail

Changing assignment weights with time-based confounders

The Unofficial Google Data Science Blog

One reason to do ramp-up is to mitigate the risk of never before seen arms. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. Proceedings of the 13th ACM SIGKDD international conference on Knowledge discovery and data mining.

article thumbnail

Using Empirical Bayes to approximate posteriors for large "black box" estimators

The Unofficial Google Data Science Blog

These estimates can be useful to make risk-adjusted decisions and explore-exploit trade-offs, or to find situations where the underlying regression method is particularly good or bad. References [1] Omkar Muralidharan, Amir Najmi "Second Order Calibration: A Simple Way To Get Approximate Posteriors" , Technical Report, Google, 2015. [2]

KDD 40