Mark Twain famously said “There are three kinds of lies: lies, damned lies, and statistics.” Maybe if Mark Twain were alive today, he’d add “alternative facts” to that list. BusinessWeek in the article “Lies, Damn Lies, and Financial Statistics” reminds us of the management challenges with statisticians or “data scientists” who manipulate the…
All Blog Posts Tagged 'alternative' (3)
How COVID-19 is Changing our Relationship with Data
How COVID-19 is Changing our Relationship with Data
An increasing proportion of businesses use scientific methods to analyze data. Yet, because key decision-makers do not believe in a data-driven method, a sizable number do not turn their data into actionable information. Instead, these individuals rely on their instincts to drive decisions. If used in lieu of data,such hunch-based mindsets often lead to inefficiencies and wasted…
ContinueAdded by Taymour Matin on June 8, 2020 at 10:00am — 2 Comments
Management Challenge: P-hacking or “The Danger of Alternative Facts”
Added by Bill Schmarzo on May 25, 2017 at 4:00am — No Comments
Dashboards in R
This is a tutorial to show how to implement dashboards in R, using the new "flexdashboard" library package.
this new library leverages these libraries and allows us to create some stunning dashboards, using interactive graphs and text. What I loved the most, was the “storyboard” feature that allows me to present content in Tableau-style frames. Please note that for this you need to create RMarkdown (.Rmd) files and insert the code using the…
ContinueAdded by Ann Rajaram on May 13, 2017 at 4:00am — 10 Comments
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