@MikeTamir: “An introduction to Bayesian timeseries analysis with Python. #MachineLearning #DataScience”

An introduction to Bayesian timeseries analysis with Python.  #MachineLearning #DataScience

When running a large site, it’s important to monitor site behavior. For an ecommerce or similar site, the key thing to measure is conversion rate — if your conversion rate goes down, something is wrong. A common — but wrong — way to measure conversion rate is to simply use a rolling window. If the desired conversion rate is 5%, one might plot the conversion rate over the past 1 hour and trigger an alert if the conversion rate drops below some threshold. read more

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