ISSUE 342   ·   June 29, 2021

Insight

The strategy-analytics revolution

From marketing and pricing to customer service and manufacturing, advanced analytics is key to many areas of business. But strategy is different. Strategy tends to rely on creative and thoughtful decision-makers to set aspirations and make bold choices. It's time to change that. Here's why.
McKinsey & Company

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Tutorials, Projects & Opinions

Real Estate pricing with ML and non-traditional data sources

Nice overview of how machine learning can be used with non-traditional data to predict real estate prices faster and more accurately than traditional methods. Can an algorithm effectively consider a property’s appearance, surrounding environment and human mobility patterns? Yes, it can.
Tryolabs | María Paz 

On the “usefulness” of the Netflix Prize

Ten years ago, Netflix offered a million dollar prize to the team that could most substantially improve the accuracy of the Netflix recommendation algorithm. At the time, turning algorithm development into a public contest was an innovative idea but after it was over, the winning solution was famously never put into production. Here's what happened and how, ultimately, the contest was a huge success.
Xavier Amatriain (former Research/Engineering Director at Netflix)

What, Exactly, Does a Data Product Manager Do?

Data product management is growing fast but what does a data product manager do, exactly? Ask five people and you might get five different answers. Here's a good starting point for understanding this burgeoning field.
Eric Weber

Ace your next data science interview

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Resources

Sports Analytics Reading List

Regardless of your skill level, this is a great reading list for all things sports analytics. Covers ⚽ 🏀 ⚾ 🏒 ⛳ 🏈 🥊 and more! 
Tech & Data & Sports | Brendan Kent

📚 Introduction to Modern Statistics

This new text highlights multivariable relationships and simulation-based inference with a heavy emphasis on exploratory data analysis. It's easy to follow and with the interactive tutorials and supplemental downloads, it looks like it would be great as either a self-study guide or for classroom use. Free to access online or download as a PDF.
Mine Çetinkaya-Rundel and Jo Hardin

Data Visualization

Designing for the Data Visualization Lifecycle

Many of the tools that are currently used to create visualizations were designed in a different era. Today, the technology to build tools is more capable and, especially in data-driven organizations, visualization is everywhere and data literacy is higher. In this post, Elijah Meeks explores how the landscape has evolved and what's needed now.
Elijah Meeks, Co-Founder and CVO of Noteable

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