Statistics

“Degenerative” AI?

These days, I respond to hearing “generative AI” with a bit of an eye roll. The smart ass in me thinks:...
4 min read
Wine Tasting Spread

Simple Way to Rank Wines and Other Important Things

Best use: Ranking method to choose a winner. What if I need to drive my kids to the emergency room? That’s...
3 min read 196

The 2024 Stock Market Horoscope

The future is always blurry since it is impossible to know for sure what lies ahead of us. As an example,...
2 min read 838

September Blues: The Role of Statistics and Psychology in Financial Ma...

September has arrived. For market participants it is not only the time to return to their offices after summer vacation, but...
3 min read 279

Making Your First Analytics Hire? Don’t Make It a Data Scientist

There is a disconnect that often exists when an organization is just getting started with analytics. One of the key factors...
6 min read 215

Data: It takes a village, but the buck has to stop somewhere

I’ve said many times: too often, an existing function implicitly assumes data responsibilities in organizations that struggle with data management (for...
4 min read 451

I think I’m responsible for data… am I?

It’s more times than I can count on one hand. A business or technology leader tells me they have a lot...
4 min read 306

The Quality of Analytics Practice: Making It Happen

In my previous blog, “Who is looking after the quality of your analytics?”, I talked about what it meant to ensure...
5 min read 234

Who is looking after the quality of your analytics?

We talk a lot about using analytics to improve the quality of something else. But when was the last time you...
6 min read 252

How to Automate Analytics Professionals Out of Their Jobs

I would be a big fat liar if I say I have never wasted time. I’ve been unproductive and procrastinated plenty...
4 min read 326

The Math Behind: Everything about Principle Component Analysis (PCA)

PCA reduces the dimensionality of data points that are in many spaces. Some ready codes and libraries allow coders to create...
4 min read

The Business Value Problem with Analytics

Analytics has a value problem. This is not new. In fact, we have been talking about this for decades. That notorious...
5 min read 315