Remove Metrics Remove Optimization Remove Statistics
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The Race For Data Quality in a Medallion Architecture

DataKitchen

Data is typically organized into project-specific schemas optimized for business intelligence (BI) applications, advanced analytics, and machine learning. Similarly, downstream business metrics in the Gold layer may appear skewed due to missing segments, which can impact high-stakes decisions.

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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. 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. That metric is tied to a KPI.

Metrics 157
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Unbundling the Graph in GraphRAG

O'Reilly on Data

While RAG leverages nearest neighbor metrics based on the relative similarity of texts, graphs allow for better recall of less intuitive connections. decomposes a complex task into a graph of subtasks, then uses LLMs to answer the subtasks while optimizing for costs across the graph. Do LLMs Really Adapt to Domains?

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The Ultimate Guide to Modern Data Quality Management (DQM) For An Effective Data Quality Control Driven by The Right Metrics

datapine

6) Data Quality Metrics Examples. Reporting being part of an effective DQM, we will also go through some data quality metrics examples you can use to assess your efforts in the matter. It involves: Reviewing data in detail Comparing and contrasting the data to its own metadata Running statistical models Data quality reports.

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Misled by metrics: 7 KPI mistakes IT leaders make

CIO Business Intelligence

Mark Twain famously remarked that there are three kinds of lies: lies, damned lies, and statistics. Today, many CIOs feel the same way about metrics. Metrics are only as good as their source. Therefore, CIOs must be cautious about taking metrics at face value [and] leaders need to understand the data behind the metrics.”.

Metrics 133
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Excellent Analytics Tip#1: Statistical Significance

Occam's Razor

Leverage the power of Statistics. Applying statistics tells us that the results, the two conversion rates, are just 0.995 standard deviations apart and not statistically significant. Applying statistics will now tell us that the two numbers are 1.74 This is where Excellent Analytics Tip #1, a recurring series, comes in.

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Managing risk in machine learning

O'Reilly on Data

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Real modeling begins once in production. Culture and organization.