Chapter 24 Real world example

This real world example demonstrates all the steps from defining the goal of the project to to calculate the ROI. It aims to bridge also the gap between different roles in an ML project by addressing the that different roles think in their domains and how a common language can be found.

Content of chapter

  • Subject of the project
    • The question asked was: How can the system create more revenue?
  • Overview of project phases
  • Algorithm selection
  • Performance measurement
  • Data gathering
  • ROI calculation