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Measuring the Impact of Data Science | Data Science Hangout Highlights

RStudio is joined by Frank Corrigan, Director of Decision Intelligence, to discuss how data scientists can become leaders within their organizations. Watch the full recording: https://www.youtube.com/watch?v=KBs4b3Q2n8Y ► Subscribe to Our Channel Here: https://bit.ly/2TzgcOu Follow Us Here: Website: https://www.rstudio.com LinkedIn: https://www.linkedin.com/company/rstudio-pbc Twitter: https://twitter.com/rstudio

Aug 19, 2021
1 min
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Transcript#

This transcript was generated automatically and may contain errors.

So I think I'm fortunate in that all my stakeholders today I'm right half of them I'm actually I would say I'm friends with so we're very locked in and I understand as they make the decision what's happening so I do understand when they actually do take an action but I'm not really satisfied with just knowing that they they took an action what I'm trying to figure out right now and if anyone has thoughts on this I'd love to have a conversation later is if you make a prediction that there is a problem that is going to happen or service level performance is going to deteriorate that prediction is out there you have stakeholders or operators or whoever that has access to that information if you don't know specifically what they're doing right they could be having calls with people they could be turning dials that you don't even know about in the background

is there a way that over time you can log your historical data right your historical predictions and then over time you can look at what actually materialized is there a way and I really think it's regression modeling to say based upon what we see in these groups where we are predicting performance deterioration compared to the whole we we can estimate that the predictions are having the intended effect right I think it's really comparing a few different groups there over time as long as you are cataloging the predictions you are making can you formulate that into into a way to quantitatively measure the impact

into a way to quantitatively measure the impact

so to answer your question number one in my current situation I'm so looped in with the stakeholders that yes I know when they are making decisions number but I don't know how to quantitatively measure it yet which leads to number two I'm trying to figure out ways to quantitatively measure it.

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