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Decision Making with Uncertainty Requires Wideward Thinking

Andrew White

COVID-19 and the related economic fallout has pushed organizations to extreme cost optimization decision making with uncertainty. As a result, Data, Analytics and AI are in even greater demand. The models are practically useless. This will give you a better chance of including the breadth of data to act as a base.

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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. A single model may also not shed light on the uncertainty range we actually face.

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How Skullcandy Uses Predictive and Sentiment Analysis to Understand Customers

Sisense

We were most interested in exploring if it was possible to predict the return rate on a new product based on historical return rates of products with similar features. Then we ran Kraken’s machine learning and predictive modeling engine to get the results. It will be iterative.

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Predicting Movie Profitability and Risk at the Pre-production Phase

Insight

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. This may give a more accurate representation in the variability of predictions.

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Using random effects models in prediction problems

The Unofficial Google Data Science Blog

In the context of prediction problems, another benefit is that the models produce an estimate of the uncertainty in their predictions: the predictive posterior distribution. These predictive posterior distributions have many uses such as in multi-armed bandit problems. bandit problems).

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Topics to watch at the Strata Data Conference in New York 2019

O'Reilly on Data

Machine learning, artificial intelligence, data engineering, and architecture are driving the data space. The Strata Data Conferences helped chronicle the birth of big data, as well as the emergence of data science, streaming, and machine learning (ML) as disruptive phenomena.

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