Posts Tagged ‘ Business ’

Reading Everything is Obvious by Duncan Watts

February 15, 2017
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Reading Everything is Obvious by Duncan Watts

In his book, Everything is Obvious (Once You Know the Answer): Why Common Sense Fails, Duncan Watts, a professor of sociology at Columbia, imparts urgent lessons that are as relevant to his students as to self-proclaimed data scientists. It takes only nominal effort to generate narrative structures that retrace the past, Watts contends, but developing lasting theory that produces valid predictions requires much more effort than common sense. Watts’s is…

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Deep thinking about your data

February 3, 2017
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Deep thinking about your data

In the on-going series of posts about the IMDB dataset, from Kaggle, I have so far looked at several of the scraped variables, including the number of faces on movie posters (1, 2), plot keywords (3), and movie rating by title year (4). In this post, I tackle the variables resulting from a data merge between IMDB and Facebook. These columns have names like "Director Facebook Likes", "Actor 1 Facebook…

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February talks, and exploratory data analysis using visuals

January 30, 2017
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February talks, and exploratory data analysis using visuals

News: In February, I am bringing my dataviz lecture to various cities: Atlanta (Feb 7), Austin (Feb 15), and Copenhagen (Feb 28). Click on the links for free registration. I hope to meet some of you there. *** On the...

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Pre-processing data is not just about correcting errors

January 30, 2017
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Pre-processing data is not just about correcting errors

Exploration of IMDB rating data, by Kaiser Fung, founder of Principal Analytics Prep

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Numbersense and government accountability in the new political reality

January 24, 2017
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You've heard me say often, numbersense is the most important quality for good data analysts; little did I know that numbersense would become the new requirement for healthy American democracy. From the first day in office, the new President is at war with numbers (over attendance figures at his inauguration). But I believe that getting to the bottom of data-driven claims is a bi-partisan issue: while it is obvious that…

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Lines that delight, lines that blight

January 23, 2017
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Lines that delight, lines that blight

This WSJ graphic caught my eye. The accompanying article is here. The article (judging from the sub-header) makes two separate points, one about the total amount of money raised in IPOs in a year, and the change in market value...

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ASA President meets OCCAM data

December 27, 2016
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Just leaving this quote from ASA President Jessica Utts here (Source: Amstat News Dec 2016): A few days ago, I was in Vietnam and took a four-hour bus ride from Ha Long Bay to Hanoi. When I arrived, my fitness tracker had given me credit for taking 9,124 steps and climbing 81 flights of stairs during those four hours, even though I only left my seat once during a short…

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Is this chart rotten?

December 19, 2016
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Is this chart rotten?

Some students pointed me to a FiveThirtyEight article about Rotten Tomatoes scores that contain the following chart: (link to original) This is a chart that makes my head spin. Too much is going on, and all the variables in the...

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Inspired by water leaks

December 19, 2016
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Inspired by water leaks

For me, 2016 is a year of water leaks. I was forced to move apartments during the summer. (Blame my old landlord for the lower frequency of posts this year!) That old apartment was overrun by water issues. In the past four years, there were two big leaks in addition to annual visible "seepage" in the ceiling. The first big leak ruined my first night back from Hurricane Sandy-induced evacuation.…

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Story within story, bar within bar

December 14, 2016
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Story within story, bar within bar

This Wall Street Journal offering caught my eye. It's the unusual way of displaying proportions. Your first impression is to interpret the graphic as a bar chart. But it really is a bar within a bar: the crux of the...

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