Remove Measurement Remove Predictive Modeling Remove ROI Remove Uncertainty
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How to Set AI Goals

O'Reilly on Data

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. Technical sophistication: Sophistication measures a team’s ability to use advanced tools and techniques (e.g., Technical competence results in reduced risk and uncertainty.

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Predicting Movie Profitability and Risk at the Pre-production Phase

Insight

The genre uniqueness is a measure of how unique a movie’s combination of genre categories is relative to all movies in my data set. Building Models to Predict Movie Profitability Here I use profitability as the metric of success for a film and define profitability as the return on investment (ROI). ROI = Profit/Budget).

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

The Unofficial Google Data Science Blog

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle. This defines the ROI on the investment of human time.