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Category Archives: Decisions
Statistical Errors and Decision Making
“99 percent of all statistics only tell 49 percent of the story.” ― Ron DeLegge II, Gents with No Cents “We are prone to blame decision makers for good decisions that worked out badly and to give them too … Continue reading
Posted in Decisions, Statistics
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Byte Counter Byte: Human vs. Machine Judgment
Here’s a simple rule for the second machine age we’re in now: as the amount of data goes up, the importance of human judgment should go down… The practical conclusion is that we should turn many of our decisions, predictions, diagnoses, … Continue reading
Big Data and the Democratization of Decisions
Big Data and the Democratization of Decisions, a new research report from the Economist Intelligence Unit, sponsored by Alteryx:
Posted in Big Data Analytics, Decisions, Research
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Big Data for Enterprise Decisions
James Taylor: “For all the focus on visualization and ad-hoc queries in Big Data systems, the end result is often going to be automation – a Decision Management system.
Posted in Decisions, Enterprise
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