India's largest platform and marketplace for GCCs & AI

Sign in

India's largest platform and marketplace for GCCs & AI

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

  • Inventory Redeployment through Optimized and Automated Recommendations

    Featured Article: Author: Shrinath Bhat, Senior Data Scientist, AB InBev Supply Chain of Future (SCoF) Analytics team’s vision, which is a part of Growth Analytics Centre (GAC): the global analytics hub for Ab-InBev, is to create value via adoption of cutting-edge practices in Supply Chain domain with a series of digital transformations and advanced analytics […]

  • Salesforce embraces the public cloud with Hyperforce

    Salesforce is letting CIOs choose where they run its software, easing compliance with data protection and data sovereignty laws. Salesforce.com President and COO Bret Taylor believes the SaaS vendor has made “probably the most significant technological shift” since its CRM platform first launched 21 years ago. But Taylor wasn’t talking about the company’s agreement to acquire […]

  • Hospitals are using Distributed Ledger in the vaccine rollout

    Two British hospitals are using a distributed ledger to track the cold storage of sensitive COVID-19 vaccines The mass campaign to inoculate millions against COVID-19 was always going to be a monumental challenge. The fact that some vaccines are rendered useless if not kept at ultralow temperatures only complicates matters. The U.K.’s National Health Service, […]

  • Embedding Data Quality in Data Strategy & Design for AI

    Featured Article: Author: Prabhu Chandrasekaran AI has been there over a decade, and with Gen AI touching newer frontiers and pushing the envelope across boundaries irrespective of industries and part of the society, One thing that is clearly emerging  world is not the same and – “Data” is not mere oil but a “Strategic Asset”. […]