India's largest platform and marketplace for AI & Analytics leaders & professionals

Sign in

India's largest platform and marketplace for AI & Analytics leaders & professionals

3AI Digital Library

AI & Adaptive Experimental Designs

3AI August 21, 2022


Indrani Goswami
Associate Director – Analytics,
Razorpay

The main theme of this session was: Why Design of Experiments (DoE) should be in every Data Scientist’s toolbox. Indrani started the session by introducing DoE and why it is needed by using an example of functional teams taking the challenge to increase activation rate…and explained the scenarios when the experiments are not set-up and when experiments are un-coordinated. Indrani continued the session by discussing the significance of Hypothesis Testing, P-value, Level of significance, Statistical Power, Sample size and Effect size. She further detailed the interpretation of results and the need for an A/B/n framework for DoE. Indrani concluded the session after discussing the Advanced concepts of DoE, especially on Adaptive DoE which helps consume the learnings from the previous set of experiments and design more focused, intelligent and efficient experiments the next time.

Thank you, Indrani for this insightful session.

    3AI Trending Articles

  • Barco unveiled its largest global Centre of Excellence for software innovation and R&D in India

    Professional visualisation and collaboration technology leader Barco on Wednesday unveiled its largest global Centre of Excellence for software innovation and R&D in India. In keeping with the hybrid workplace model, the new facility in Noida is designed to enhance productivity and features a common lab area offering flexibility for expansion or addition of new labs. […]

  • Global Captive Centers – The true enablers of Collaboration (Part-1)

    Featured Article: Author: Vinodh Ramachandran, Neiman Marcus Group Through my experience working for large retail GCCs I. have observed that most retailers, in addition to having a central data & analytics team (typically within tech rolling up to the CIO), also have analytics teams within the businesses running independently and managing all their data, reporting […]

  • Blockchain mustn’t get blocked: Regulate but do not ban Bitcoin

    The government’s proposed bill to ban cryptocurrency could deal a blow to India’s tech credentials . Since I started writing this column on technology a couple of years ago, two things have been eminently predictable. One is Elon Musk, the richest man in the world now, doing unpredictable things: Boring tunnels, implanting chips in pigs’ […]

  • AI and Ethics – Modern AI Algorithms

    Featured Article: Author: Sameer Ranjan, CTO & Director – Data Science, Catenate Ethics has always been subjective and quite often changed based on the philosophy of nations or their leaders. It is often related to principles of morality and the set of beliefs that a group of people follows. In the 21st century, the narrative […]