article thumbnail

Bringing an AI Product to Market

O'Reilly on Data

Without clarity in metrics, it’s impossible to do meaningful experimentation. AI PMs must ensure that experimentation occurs during three phases of the product lifecycle: Phase 1: Concept During the concept phase, it’s important to determine if it’s even possible for an AI product “ intervention ” to move an upstream business metric.

Marketing 362
article thumbnail

Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. Our main tools are the difference-of-convex-programs paradigm[9] and the embedded conic solver[10]; the reference [11] is also very useful.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Glossary of Digital Terminology for Career Relevance

Rocket-Powered Data Science

Computer Vision: Data Mining: Data Science: Application of scientific method to discovery from data (including Statistics, Machine Learning, data visualization, exploratory data analysis, experimentation, and more). They cannot process language inputs generally. See [link]. Edge Computing (and Edge Analytics): Industry 4.0:

article thumbnail

Methods of Study Design – Experiments

Data Science 101

Some pitfalls of this type of experimentation include: Suppose an experiment is performed to observe the relationship between the snack habit of a person while watching TV. Bias can cause a huge error in experimentation results so we need to avoid them. REFERENCES. Statistics Essential for Dummies by D. McCabe & B.

article thumbnail

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. The need for an experimental culture implies that machine learning is currently better suited to the consumer space than it is to enterprise companies.

article thumbnail

Variance and significance in large-scale online services

The Unofficial Google Data Science Blog

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

article thumbnail

Best Practice of Using Data Science Competitions Skills to Improve Business Value

DataRobot Blog

Initially, the customer tried modeling using statistical methods to create typical features, such as moving averages, but the model metrics (R-square) was only 0.5 The first baseline model we created used spectrograms of speech waveform data, statistical features, and spectrogram images. This approach got us to an R-squared of 0.7,