Remove Data Science Remove Statistics Remove Uncertainty
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What are Joint, Marginal, and Conditional Probability?

Analytics Vidhya

Probability is a cornerstone of statistics and data science, providing a framework to quantify uncertainty and make predictions. Understanding joint, marginal, and conditional probability is critical for analyzing events in both independent and dependent scenarios. What is Probability?

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Uncertainties: Statistical, Representational, Interventional

The Unofficial Google Data Science Blog

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. This kind of decision making must address particular kinds of uncertainty.

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2021 Data/AI Salary Survey

O'Reilly on Data

There was a lot of uncertainty about stability, particularly at smaller companies: Would the company’s business model continue to be effective? Economic uncertainty caused by the pandemic may be responsible for the declines in compensation. To nobody’s surprise, our survey showed that data science and AI professionals are mostly male.

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

The Unofficial Google Data Science Blog

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. Our team does a lot of forecasting.

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Systems Thinking and Data Science: a partnership or a competition?

Jen Stirrup

How can systems thinking and data science solve digital transformation problems? Understandably, organizations focus on the data and the technology since data retrieval is often viewed as a data problem. However, the thrust here is not to diminish data science or data engineering.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. How was this data obtained? AI is a black box.

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Three Emerging Analytics Products Derived from Value-driven Data Innovation and Insights Discovery in the Enterprise

Rocket-Powered Data Science

I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.