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Don Philip Faithful
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  • North York, Ontario
  • Canada
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Charlie Kufs liked Don Philip Faithful's blog post Paranormal Side of Data Science
May 11
Don Philip Faithful posted a blog post

Reconciling Opposing Performance Metrics Using Operational Simulations

Sometimes when dealing with performance metrics, there are contradictory signals.  For instance, although both are desirable, it is common for efficiency and efficacy to be in opposition.  An agent in a call centre can handle lots of calls while at the same time getting few sales; this is especially true if the agent’s main objective is to do lots of calls.  This is a highly efficient person albeit unsuccessful in terms of expanding the business.  Conversely, another agent by spending a greater…See More
May 9
Don Philip Faithful's blog post was featured

Reconciling Opposing Performance Metrics Using Operational Simulations

Sometimes when dealing with performance metrics, there are contradictory signals.  For instance, although both are desirable, it is common for efficiency and efficacy to be in opposition.  An agent in a call centre can handle lots of calls while at the same time getting few sales; this is especially true if the agent’s main objective is to do lots of calls.  This is a highly efficient person albeit unsuccessful in terms of expanding the business.  Conversely, another agent by spending a greater…See More
May 9
Mamta Chaurasia liked Don Philip Faithful's blog post Technical Boundary Analysis
Apr 19
Don Philip Faithful posted a blog post

Technical Boundary Analysis

About a month ago, I posted a blog on “Technical Deconstruction.” I described this as a technique to break down aggregate data to distinguish between its contributing parts: these parts might contain unique characteristics compared to the aggregate.  For instance, I suggested that it can be helpful to break down data by workday - that is to say, maintaining separate data for each day of the week.  I said that the data could be further deconstructed perhaps by time period and employee: the basic…See More
Apr 17
Don Philip Faithful's blog post was featured

Technical Boundary Analysis

About a month ago, I posted a blog on “Technical Deconstruction.” I described this as a technique to break down aggregate data to distinguish between its contributing parts: these parts might contain unique characteristics compared to the aggregate.  For instance, I suggested that it can be helpful to break down data by workday - that is to say, maintaining separate data for each day of the week.  I said that the data could be further deconstructed perhaps by time period and employee: the basic…See More
Apr 17
Don Philip Faithful commented on Don Philip Faithful's blog post Seduction of Success
"It is true that success - as an actual direction - is subject to change.  Sometimes - or arguably most of the time at least from a day-to-day standpoint - the direction is not at question.  Rather, there are many valid concerns as to…"
Apr 9
John L. Ries commented on Don Philip Faithful's blog post Seduction of Success
"A couple of points: 1.  Success may not be for the reasons one thinks it is, even if it's not by pure chance. 2.  Markets change, so what worked in the past might not work in the future. In the end, business success is predicated on…"
Apr 9
Justin McBride liked Don Philip Faithful's blog post Seduction of Success
Apr 4
Don Philip Faithful posted a blog post

Seduction of Success

The following simulation is based on a presentation that I attended in the 1990s.  I was an investment junkie back then.  I sat down, and I listening to people speak about their ideas on making money - on television and sometimes live.  The presenter in this case was trying to explain that investment success is sometimes a matter of chance.  He had people in the audience stand up.  He asked them to guess heads or tails.  Those that were correct continued to the next round - to guess again -…See More
Apr 3
Don Philip Faithful's blog post was featured

Seduction of Success

The following simulation is based on a presentation that I attended in the 1990s.  I was an investment junkie back then.  I sat down, and I listening to people speak about their ideas on making money - on television and sometimes live.  The presenter in this case was trying to explain that investment success is sometimes a matter of chance.  He had people in the audience stand up.  He asked them to guess heads or tails.  Those that were correct continued to the next round - to guess again -…See More
Apr 3
Don Philip Faithful posted a blog post

Technical Deconstruction

The term “technical analysis” usually refers to the study of stock prices.  A technical analyst might use real-time or closing prices of stocks to predict future prices.  This is an interesting concept because of what is normally excluded from the analysis - namely, everything except prices.  Given that the approach doesn’t necessarily consider the health or profitability of the underlying companies, a purely technical approach seems to offer guidance that is disconnected from reality.  Yet a…See More
Mar 20
Don Philip Faithful's blog post was featured

Technical Deconstruction

The term “technical analysis” usually refers to the study of stock prices.  A technical analyst might use real-time or closing prices of stocks to predict future prices.  This is an interesting concept because of what is normally excluded from the analysis - namely, everything except prices.  Given that the approach doesn’t necessarily consider the health or profitability of the underlying companies, a purely technical approach seems to offer guidance that is disconnected from reality.  Yet a…See More
Mar 20
Shay Pal commented on Don Philip Faithful's blog post Little Hitler Syndrome
"Very aptly said, and thanks for posting!"
Mar 6
Shay Pal liked Don Philip Faithful's blog post Little Hitler Syndrome
Mar 6
Don Philip Faithful posted a blog post

Little Hitler Syndrome

What most people call “analysis,” I refer to this as “guidance.”  It is not guidance in terms of guiding the company; but rather, I provide a narrative to help guide people through the data - of which there is a great deal.  I play the role of a tour guide.  I remember when I was a teaching assistant for a social science class - and there was a contentious area that would likely be the focal point for essays - I said that it didn’t matter to me what “opinions” people expressed.  Nobody had to…See More
Mar 6

Profile Information

Short Bio
Master of Arts in Critical Disability Studies
Bachelor of Environmental Studies in Environment and Resource Studies
My Web Site Or LinkedIn Profile
http://ca.linkedin.com/pub/don-philip-faithful/23/7b5/132/
Professional Status
Technical
Years of Experience:
2
Your Company:
ACS Canada
Industry:
Government Services
How did you find out about DataScienceCentral?
LinkedIn
Interests:
Networking, Other
What is your Favorite Data Mining or Analytical Website?
http://www.datasciencecentral.com/
What Other Analytical Website do you Recommend?
http://which-50.com/

Don Philip Faithful's Blog

Reconciling Opposing Performance Metrics Using Operational Simulations

Posted on May 6, 2018 at 3:30am 0 Comments

Sometimes when dealing with performance metrics, there are contradictory signals.  For instance, although both are desirable, it is common for efficiency and efficacy to be in opposition.  An agent in a call centre can handle lots of calls while at the same time getting few sales; this is especially true if the agent’s main objective is to do lots of calls.  This is a highly efficient person albeit unsuccessful in terms of expanding the business.  Conversely, another agent by spending a…

Continue

Technical Boundary Analysis

Posted on April 14, 2018 at 8:00am 0 Comments

About a month ago, I posted a blog on “Technical Deconstruction.” I described this as a technique to break down aggregate data to distinguish between its contributing parts: these parts might contain unique characteristics compared to the aggregate.  For instance, I suggested that it can be helpful to break down data by workday - that is to say, maintaining separate data for each day of the week.  I said that the data could be further deconstructed perhaps by time period and employee: the…

Continue

Seduction of Success

Posted on March 31, 2018 at 11:00am 2 Comments

The following simulation is based on a presentation that I attended in the 1990s.  I was an investment junkie back then.  I sat down, and I listening to people speak about their ideas on making money - on television and sometimes live.  The presenter in this case was trying to explain that investment success is sometimes a matter of chance.  He had people in the audience stand up.  He asked them to guess heads or tails.  Those that were correct continued to the next round - to guess again -…

Continue

Technical Deconstruction

Posted on March 17, 2018 at 3:00am 0 Comments

The term “technical analysis” usually refers to the study of stock prices.  A technical analyst might use real-time or closing prices of stocks to predict future prices.  This is an interesting concept because of what is normally excluded from the analysis - namely, everything except prices.  Given that the approach doesn’t necessarily consider the health or profitability of the underlying companies, a purely technical approach seems to offer guidance that is disconnected from reality.  Yet…

Continue

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