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@data @datadon 🧵

How to assess a statistical model?
How to choose between variables?

Pearson's #correlation is irrelevant if you suspect that the relationship is not a straight line.

If monotonic relationship:
"#Spearman’s rho is particularly useful for small samples where weak correlations are expected, as it can detect subtle monotonic trends." It is "widespread across disciplines where the measurement precision is not guaranteed".
"#Kendall’s Tau-b is less affected [than Spearman’s rho] by outliers in the data, making it a robust option for datasets with extreme values."
Ref: statisticseasily.com/kendall-t

LEARN STATISTICS EASILY · Kendall Tau-b vs Spearman: Which Correlation Coefficient Wins?Discover why Kendall Tau-b vs Spearman Correlation is crucial for your data analysis and which coefficient offers the most reliable results.

GenAI Dev Life: Behind the Kitchen Door of AI Development

In some ways, the experience at a high-end restaurant is not unlike that of an enterprise that’s embracing generative AI. When a diner is served their food, they see a delicious meal presented nicely and ready to eat, giving little if any thought to the chaos on the other side of the kitchen door that resulted in their dinner. […]

🤖 thenewstack.io/genai-dev-life-

The New Stack · GenAI Dev Life: Behind the Kitchen Door of AI DevelopmentIt’s not pretty. A new IBM study reveals the hidden struggles of AI developers as they navigate complex tool stacks, rapid innovation cycles and standardization challenges while building enterprise GenAI applications.
#genai#ai#aidev