Three Implications for the Rise of E-Readers
For the first time ever, Amazon.com sold more electronic than printed books.
Rules Based Decision Making Shouldn’t Be Followed Religiously
A rules based, structured decision making approach works for many occasions, especially…
“Average” Statistics that Bruise Our Ears
The term “on average” denotes the usual amount of something. However, using…
Squealer Pig’s Persuasive (Mis)Use of Statistics
Animal Farm’s Squealer Pig was always proficient at rattling off compelling statistics…
Has Personalized Filtering Gone Too Far?
In a world of plenty, algorithms may be our saving grace as…
Forget Derivatives – Hedge Risks with Innovation and Integrated Data
To protect against wild currency swings or volatile commodity costs, one surefire…
Data Deluge Means No More Leonardo Da Vinci’s
Think of Leonardo da Vinci and such images as “Mona Lisa” or…
The Unintended Consequences of Combining Technology and Speed
Technology is often hailed as innovation vehicle, productivity booster, and enabler of…
Newsflash: Correlation is Not a Cause!
Just about every data scientist and statistician knows that correlation doesn’t necessarily…
Want Magic? Spill the Secrets of Your Black Box
With the rise of cloud computing, it’s easy to get the impression…