DataRobot

JUNE 8, 2021

Although modern medicine is founded on rigorous experimental design and statistical analysis, and many research studies have shown the superiority of objective analysis over human intuition, medical AI adoption will depend on consumer receptivity and trust in this new technology. But beware of selling or buying consumer data.

Data-driven 98

Data-driven Testing Marketing Experimentation 98

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

Occam's Razor

AUGUST 22, 2011

Delibrate Your Data, Dig Into Your Data, Reimagine Content Reporting. The Difference Between Web Reporting And Web Analysis. Refuse Report Requests. Consultants, Analysts: Present Impactful Analysis, Insightful Reports. Produce Actionable Insights: Mate Custom Reports With Adv Segments! Web Analytics Demystified.

KPI 124

KPI Metrics Measurement ROI 124

The Unofficial Google Data Science Blog

DECEMBER 14, 2021

Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature. Among these, only statistical uncertainty has formal recognition. Should we use a t-test or a sign test?

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

Alation

SEPTEMBER 28, 2022

Automated testing to ensure data quality. Monitoring and reporting of processes. This includes everything from data storage and warehousing solutions to artificial intelligence and analytics reporting tools. Technical environments and IDEs must be disposable so that experimental costs can be kept to a minimum. Simplicity.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

Domino Data Lab

DECEMBER 4, 2020

Domino Lab supports both interactive and batch experimentation with all popular IDEs and notebooks (Jupyter, RStudio, SAS, Zeppelin, etc.). Once all packages have been imported, we can move on to loading our test data. PAINRELIEF – self-reported pain score (0=pain free, 1=mild pain, 2=moderate pain, 3=severe pain).

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59

Occam's Razor

SEPTEMBER 19, 2011

You need people with deep skills in Scientific Method , Design of Experiments , and Statistical Analysis. Then they isolated regions of the country (by city, zip, state, dma pick your fave) into test and control regions. People in the test regions will participate in our hypothesis testing. ask for a raise.

Measurement 119

Measurement Advertising Testing Marketing 119

The Unofficial Google Data Science Blog

JULY 22, 2020

For example, imagine a fantasy football site is considering displaying advanced player statistics. 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.

Experimentation 95

Experimentation Statistics Testing Strategy 95

Occam's Razor

APRIL 8, 2013

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. Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. Testing out a new feature.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Occam's Razor

JUNE 4, 2018

I mean developing and inserting a subtle collection of gentle nudges that can help increase the conversion rate by a statistically significant amount. Go to the Multi-Channel Funnels folder in Google analytics and look at two other yummy reports: Time Lag and Path Length. Such is the case with A/B testing. You should.

Strategy 124

Strategy Cost-Benefit Testing Sales 124

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. Just don't fall for their bashing of all other vendors or their silly claims, false, of "superiority" in terms of running 19 billion combinations of tests or the bonus feature of helping you into your underwear each morning. And I meant every word of it.

Testing 112

Testing Experimentation Risk Optimization 112

O'Reilly on Data

MARCH 23, 2023

There are more that I haven’t listed, and there will be even more by the time you read this report. That statement would certainly horrify the researchers who are working on them, but at the level we can discuss in a nontechnical report, they are very similar. Why are we starting by naming all the names?

IT 262

IT Modeling Testing Risk 262

Occam's Razor

JUNE 6, 2007

Experimentation & Testing (A/B, Multivariate, you name it). What ideas to test first on your site? There are approximately 205 images in the book, images the illustrate ideas, show reports and analysis, dashboards and tools, graphs and tables. It is a book about Web Analytics 2.0. Qualitative and quantitative.

Analytics 60

Analytics Metrics Marketing Dashboards 60

The Unofficial Google Data Science Blog

JULY 31, 2016

At the end of the semester, you administer a proficiency test to the students and compare test performance across the groups. For example, you might compare the average test score among students exposed to the new curriculum to the average score among the controls. Sounds straightforward, right?

Experimentation 42

Experimentation Testing Measurement Metrics 42

The Unofficial Google Data Science Blog

MAY 31, 2016

Similarly, we could test the effectiveness of a search ad compared to showing only organic search results. A geo experiment is an experiment where the experimental units are defined by geographic regions. Structure of a geo experiment A typical geo experiment consists of two distinct time periods: pretest and test.

Advertising 42

Advertising Testing Sales Statistics 42

CIO Business Intelligence

DECEMBER 6, 2023

And in addition to having generative AI cite the sources of key information, consider ways to highlight elements that are important to double check, like dates, statistics, policies, or precedents that are being relied on. Human reviewers should be trained to critically assess AI output, not just accept it at face value.”

IT 133

IT Risk Management Interactive Modeling 133

Paul DeBeasi

JANUARY 30, 2019

Machine learning projects are inherently different from traditional IT projects in that they are significantly more heuristic and experimental, requiring skills spanning multiple domains, including statistical analysis, data analysis and application development. The challenge has been figuring out what to do once the model is built.

Machine Learning 56

Machine Learning IoT Experimentation Statistics 56

Occam's Razor

SEPTEMBER 13, 2016

If you are open to being challenged… then here are the short-stories inside this post… The World Needs Reporting Squirrels. The World Needs Reporting Squirrels. If you are curious, here is a April 2011 post: The Difference Between Web Reporting And Web Analysis. Hypothesis development and design of experimentation.

Modeling 127

Modeling Reporting Strategy Consulting 127

Domino Data Lab

MAY 8, 2019

They also require advanced skills in statistics, experimental design, causal inference, and so on – more than most data science teams will have. Agile was originally about iterating fast on a code base and its unit tests, then getting results in front of stakeholders. evaluate the effects of models on human subjects.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Occam's Razor

MARCH 23, 2010

Part of it is fueled by a vocal minority genuinely upset that 10 years on we are still not a statistically powered bunch doing complicated analysis that is shifting paradigms. When it comes to proving which campaigns are better and which numbers to report to the management what will you do? Usually at least a test. Likely not.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Occam's Razor

JANUARY 9, 2012

AND you can have analysis of your risk in almost real time to get an early read and in a few days with statistical significance! Allocate some of your aforementioned 15% budget to experimentation and testing. If you partake in analysis , let that be at the intersection of custom reports and advanced segments.

Marketing 140

Marketing B2B Measurement Risk 140

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

1]" Statistics, as a discipline, was largely developed in a small data world. Yet when we use these tools to explore data and look for anomalies or interesting features, we are implicitly formulating and testing hypotheses after we have observed the outcomes. We must correct for multiple hypothesis tests.

Experimentation 61

Experimentation Testing Statistics Metrics 61

Smarten

MAY 11, 2017

Advanced Data Discovery allows business users to perform early prototyping and to test hypothesis without the skills of a data scientist, ETL or developer. Advanced Data Discovery ensures data democratization by enabling users to drastically reduce the time and cost of analysis and experimentation.

Experimentation 49

Experimentation Visualization Business Intelligence Predictive Analytics 49

Smarten

JULY 3, 2017

So, if a business users wants to find and analyze data, that user must depend on others to understand the user’s needs, gather the data and create the report. By the time the user receives the report, the data may be outdated or it may be presented in a way that makes it difficult to interpret and use.

Predictive Modeling 40

Predictive Modeling Visualization Business Intelligence Experimentation 40