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A few years back the team that do "Business analysis" came to our team asking for help setting up some machine learning. What for, we asked. Well, we'd like t
by Ntrails 6y ago
A few years back the team that do "Business analysis" came to our team asking for help setting up some machine learning. What for, we asked. Well, we'd like to predict hardware expenditures over the next n years.
Ok. Well that sure seems like a thing the business might like an estimate of! Sure. Next question: Have you run a basic regression over the data you've got, maybe a simple model would be close enough to throw some error bars up and get going.
Of course not.
- kfk 6y agoYou see "we'd like to predict hardware expenditures over the next n years" for me is a red flag. When I hear those types of requests I hear "we'd like to shift responsibility and ownership of our financial estimates to someone else".