🔹 How the Model Validation Process at Banks Can Drive Business Impact?? Link: https://www.linkedin.com/embed/feed/update/urn:li:share:7291489903228436480 Model validation isn’t just compliance—it directly impacts revenue, risk, and decision-making....
Tag: machine learning
đź“Ś AI in Credit Scoring: Fair or Just Historically Biased? Link:Â https://www.linkedin.com/embed/feed/update/urn:li:share:7297968941425930240 Two applicants with similar financial behaviors apply for the same loan. One is...
Are We Forcing Machine Learning to Fit the Logistic Regression Mindset? Link: https://www.linkedin.com/embed/feed/update/urn:li:share:7297637290665820160 In risk model validation, I often see a fundamental misalignment between...
Data fallacies Statistical fallacies are common tricks data can play on you, which lead to mistakes in data interpretation and analysis. Explore some common...
Understanding overfitting: an inaccurate meme in Machine Learning Preamble There is a lot of confusion among practitioners regarding the concept of overfitting. It seems like,...
Clever Methods of Overfitting “Overfitting” is traditionally defined as training some flexible representation so that it memorizes the data but fails to predict well...
Cobra Effect How to avoid unintended consequences when setting goals As a leader, setting and communicating goals for your team is crucial for building...
Survivorship Bias – Abraham Wald and the Missing Bullet Holes Jul 15, 2016·10 min read An excerpt from How Not To Be Wrong by Jordan Ellenberg...
Scientific method: Statistical errors PÂ values, the ‘gold standard’ of statistical validity, are not as reliable as many scientists assume. Credit: DALE EDWIN MURRAY For...
How to avoid P Hacking and false positives in research studies There is a replicability crisis in science – unidentified “false positives” are pervading...
