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Posts tagged "Big Data"
I've found that "having the data" is about half the effort. The other half is not how to make it compelling. The data was always compelling in my experience because it generally showed that we were making poor decisions. That rarely went over well.
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August 11, 2018 Bruce Benson
Metrics
The funny thing is many problems aren’t big enough to use the fanciest big data solutions. Sure, companies like Google or Yahoo track all of our web browsing; they have data files measured in petabytes or yottabytes. But most companies have data sets that can...
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May 3, 2018 Bruce Benson
Tracking
No Comment
Modern ethos is that all data is valuable, should be stored forever, and that machine learning will one day magically find the value of it.
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January 22, 2018 Bruce Benson
Metrics
There is a growing recognition that many important research findings based on statistical evidence are not reproducible.
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October 9, 2017 Bruce Benson
Metrics
This is not to say Musk will realize his most ambitious goals: landing on Mars, electrifying much of the world’s transportation fleet, and accelerating the transition from a fossil-fuel to a carbon-free economy. But each is closer than most thought possible in such a short...
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August 4, 2017 Bruce Benson
Metrics
Problems stemming from such errors can be very costly and have contributed to a wider concern about the reproducibility of research findings, most notably in medical research.
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July 20, 2017 Bruce Benson
Metrics
Harvey’s term for torturing the data until it confesses is “p-hacking,” a reference to the p-value, a measure of statistical significance. P-hacking is also known as overfitting, data-mining—or data-snooping, the coinage of Andrew Lo, director of MIT’s Laboratory of Financial Engineering. Says Lo: “The more...
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June 17, 2017 Bruce Benson
Metrics
No Comment
The trick was always to look past common wisdom and corporate culture even when everyone was encouraging us to do it the same old way.
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June 7, 2017 Bruce Benson
Planning
When it comes to economic data, it can be difficult to separate what people believe to be true from what they want to be true.
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March 8, 2017 Bruce Benson
Metrics
This is the message that American University history professor Allan Lichtman has been screaming at the world since 1981: It’s not that the polling system itself is broken — instead, polls behave exactly as they’re designed. The problem is they aren’t designed to predict the...
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December 29, 2016 Bruce Benson
Metrics
The trick is to dig in and coax the insights out of our data that we already have.
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October 20, 2016 Bruce Benson
Metrics
In today’s atomized medical system, it can take 10 to 20 years for a major treatment advance to become ubiquitous.
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August 19, 2015 Bruce Benson
Change Management
Intensely monitoring healthy individuals could make them less well, not more.
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August 12, 2015 Bruce Benson
Metrics
An warning message from a satellite 1.5 million kilometers in space that gets processed within seconds then waits for someone to type it into an email. Why?
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July 26, 2013 Bruce Benson
Metrics
We need data to improve our performance and the surprising finding is that we generally already have just about all we need.
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January 24, 2013 Bruce Benson
Metrics