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Beyond Prediction: Econometric Data Science for Measuring True Business Impact
This story was originally published on HackerNoon at: https://hackernoon.com/beyond-prediction-econometric-data-science-for-measuring-true-business-impact.
Econometric methodologies model counterfactual consequences upfront so that an analyst can predict what would happen without intervention.
Check more stories related to data-science at: https://hackernoon.com/c/data-science.
You can also check exclusive content about #data-science, #analytics, #econometric-data-science, #business-impact, #real-world-constraints, #machine-learning, #business-strategies, #contemporary-econometrics, and more.
This story was written by: @dharmateja. Learn more about this writer by checking @dharmateja's about page,
and for more stories, please visit hackernoon.com.
Econometric methodologies model counterfactual consequences upfront so that an analyst can predict what would happen without intervention. This is crucial for determining actual ROI and avoiding misallocation of resources. Econometric data science provides the resources to deliver on this challenge.
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By HackerNoonThis story was originally published on HackerNoon at: https://hackernoon.com/beyond-prediction-econometric-data-science-for-measuring-true-business-impact.
Econometric methodologies model counterfactual consequences upfront so that an analyst can predict what would happen without intervention.
Check more stories related to data-science at: https://hackernoon.com/c/data-science.
You can also check exclusive content about #data-science, #analytics, #econometric-data-science, #business-impact, #real-world-constraints, #machine-learning, #business-strategies, #contemporary-econometrics, and more.
This story was written by: @dharmateja. Learn more about this writer by checking @dharmateja's about page,
and for more stories, please visit hackernoon.com.
Econometric methodologies model counterfactual consequences upfront so that an analyst can predict what would happen without intervention. This is crucial for determining actual ROI and avoiding misallocation of resources. Econometric data science provides the resources to deliver on this challenge.