Filed under data-science
Results
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Why Data Science Projects Fail and How to Avoid It
Not long ago, I sat with an apartment owner who had taken over 144 units. There were 15 vacant, 12 on move-out notice, and four evictions for the end of the month. If the notices and evictions were to go through, the occupancy rate would be at 78 percent.
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Pareto Analysis in Action: Optimizing Multifamily Maintenance Operations
Italian economist Vilfredo Pareto found that 20% of Italy's population received 80% of the country's income. This became known as Pareto's principle, also known as 80/20 rule.
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Frequentist vs Bayesian A/B Testing Thinking
Every business decision is a gamble—some just have higher stakes than others. Personally, I tend to be decisive and rarely get lost in "what ifs." Now, in business, the infinite possibilities are always screaming for attention.
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The Last Mile Problem in Data Science Communication
The crowded conference room, filled with dark suits, looked at me blankly. Somewhere along the way, I had lost my audience. It was not until I went back a slide that I was able to pinpoint the culprit.
