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

DataKitchen

Similarly, downstream business metrics in the Gold layer may appear skewed due to missing segments, which can impact high-stakes decisions. An operation to merge customer data across multiple sources might incorrectly aggregate records due to mismatched keys, leading to inflated or deflated metrics in the Silver layer.

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Bringing an AI Product to Market

O'Reilly on Data

Product Managers are responsible for the successful development, testing, release, and adoption of a product, and for leading the team that implements those milestones. The first step in building an AI solution is identifying the problem you want to solve, which includes defining the metrics that will demonstrate whether you’ve succeeded.

Marketing 364
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Kill Useless Web Metrics: Apply The "Three Layers Of So What" Test

Occam's Razor

Like good little Reporting Squirrels we collect and stack metrics as if preparing for an imminent ice age. In this case its making right choices about the web metrics we knight and sent to the battle to come back with insights for our beloved corporation to monetize. It is called the Three Layers of So What test. And yet we do.

Metrics 118
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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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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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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 It is a more skeptical test with a higher threshold for differences.

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Facebook Advertising / Marketing: Best Metrics, ROI, Business Value

Occam's Razor

FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. It is possible to get good test and control groups (type of population, existing brand awareness, market penetration, competitive structures) for our experiments. Metrics are a problem.