“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Carl Spaulding, executive vice president ...
Causation and correlation may sound alike but are very different. The former means the root of subsequent events, while the latter refers to an actual or apparent relationship between trends in which ...
In Friday’s Financial Times, economist and author Tim Harford offers a much-needed, unusually considered response to big data hype, using the reported failure of Google Flu Trends to predict a recent ...
Data purists would rap my knuckles for asking this question and reply, "Never". On the other hand, "data sophists" who're accustomed to lying with Big Data in even more crude ways would wonder, “Duh, ...
Paul Kaplan: Quoting Benjamin Disraeli, Mark Twain famously quipped, "There are three kinds of lies: lies, damned lies, and statistics." In the field of investments, in which we rely heavily on ...
In the first quarter of 2013, the stock of big data has experienced sudden declines followed by sporadic bouts of enthusiasm. The volatility—a new big data “V”—continues this month and Ted Cuzzillo ...
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