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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156
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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well.

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10 digital transformation roadblocks — and 5 tips for overcoming them

CIO Business Intelligence

Reimagination of business processes sits at the core of digital transformation, and so, by definition, digital transformation challenges the status quo, throwing we-have-always-done-it-this-way sentiment out of the window. This involves setting up metrics and KPIs and regularly reviewing them to identify areas for improvement.

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What is a DataOps Engineer?

DataKitchen

DataOps enables: Rapid experimentation and innovation for the fastest delivery of new insights to customers. Many people who work with data have a narrow definition of being “done.” Definition of “done” means “it worked for me”. “I The bottom line metrics that DataOps impacts are deployment latency and errors (figure 6).

Testing 157
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Experimentation and Testing: A Primer

Occam's Razor

This post is a primer on the delightful world of testing and experimentation (A/B, Multivariate, and a new term from me: Experience Testing). Experimentation and testing help us figure out we are wrong, quickly and repeatedly and if you think about it that is a great thing for our customers, and for our employers. Counter claims?

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Keynote Takeaways From Gartner Data & Analytics Summit

Sisense

Gartner chose to group the rest of the keynote into three main messages according to the following categories: Here are some of the highlights as presented for each of them: Data Driven – “Adopt an Experimental Mindset”. At Sisense we’ve been preaching for BI prototyping and experimentation for quite a while now. Summing It Up.

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Why models fail to deliver value and what you can do about it.

Domino Data Lab

This means many projects get stuck in endless research and experimentation. Problem statements should ultimately: Include a problem definition. Identify metrics that measure this variability. Problem Definition: I want to save costs by optimizing staffing rosters in my store without sacrificing customer experience.

Modeling 101