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An exploration of three types of errors inherent in all financial models. At Hedged Capital , an AI-first financial trading and advisory firm, we use probabilistic models to trade the financial markets. All financial models are wrong. Clearly, a map will not be able to capture the richness of the terrain it models.
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In this article we cover explainability for black-box models and show how to use different methods from the Skater framework to provide insights into the inner workings of a simple credit scoring neural network model. The interest in interpretation of machine learning has been rapidly accelerating in the last decade. See Ribeiro et al.
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That was the Science, here comes the Technology… A Brief Hydrology of Data Lakes. Even back then, these were used for activities such as Analytics , Dashboards , Statistical Modelling , DataMining and Advanced Visualisation. This is the essence of Convergent Evolution.
While certain topics listed here are likely to stir emotion depending on one’s point of view, their inclusion is for data demonstration purposes only. 29, 2015, Republicans from the U.S. 3) Data fishing. This misleading data example is also referred to as “data dredging” (and related to flawed correlations).
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