Remove Data Processing Remove Measurement Remove Statistics Remove Testing
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What to Do When AI Fails

O'Reilly on Data

And last is the probabilistic nature of statistics and machine learning (ML). Because statistics: Last is the inherently probabilistic nature of ML. Materiality is a widely used concept in the world of model risk management , a regulatory field that governs how financial institutions document, test, and monitor the models they deploy.

Risk 361
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Rebranding IT for the modernized IT mission

CIO Business Intelligence

A 1958 Harvard Business Review article coined the term information technology, focusing their definition on rapidly processing large amounts of information, using statistical and mathematical methods in decision-making, and simulating higher order thinking through applications. What comes first: A new brand or operating model?

IT 107
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The Ultimate Guide to Modern Data Quality Management (DQM) For An Effective Data Quality Control Driven by The Right Metrics

datapine

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. How Do You Measure Data Quality? Table of Contents. 2) Why Do You Need DQM?

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Why you should care about debugging machine learning models

O'Reilly on Data

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. Security vulnerabilities : adversarial actors can compromise the confidentiality, integrity, or availability of an ML model or the data associated with the model, creating a host of undesirable outcomes.

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Your Ultimate Guide To Modern KPI Reports In The Digital Age – Examples & Templates

datapine

KPI is a value measured to assess how effective a project or company is at achieving its business objectives. In other words, KPIs provide organizations with the means of measuring how various aspects of the business are performing in relation to their strategic goals. What Is A KPI? What Is A KPI Report? 2) Select your KPIs.

KPI 223
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Quantitative and Qualitative Data: A Vital Combination

Sisense

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. All descriptive statistics can be calculated using quantitative data. It’s generated by a host of sources in different ways.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

These methods provided the benefit of being supported by rich literature on the relevant statistical tests to confirm the model’s validity—if a validator wanted to confirm that the input predictors of a regression model were indeed relevant to the response, they need only to construct a hypothesis test to validate the input.

Risk 52