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Variance and significance in large-scale online services

The Unofficial Google Data Science Blog

Medicine uses the term “relative risk” to describe effect fraction when referring to the fractional change in incidence of some (bad) outcome like mortality or disease. As noted earlier, effect fractions of 1% or 2% can have practical significance to an LSOS.

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Business Intelligence System: Definition, Application & Practice

FineReport

It is a process of using knowledge discovery tools to mine previously unknown and potentially useful knowledge. It is an active method of automatic discovery. The company can lower the risk value of the red line and monitor the situation in real time. Data Visualization. How BI system solve the problem?

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Changing assignment weights with time-based confounders

The Unofficial Google Data Science Blog

One reason to do ramp-up is to mitigate the risk of never before seen arms. 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. For the first example, consider a small website that is a platform for content on personal finance.