Posts Tagged ‘ data ’

Unintentional deception of area expansion #bigdata #piechart

June 14, 2017
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Unintentional deception of area expansion #bigdata #piechart

Kaiser Fung, founder of Principal Analytics Prep, deconstructs a visualization of Big Data adoption in industry

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Data bite back: a Harvard lesson

June 7, 2017
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New York Times reports that Harvard rescinded admission offers to 10 students (link). These kids allegedly engaged in horrible behavior on "private" chatrooms online. Not reported is how Harvard admission officers got a hold of such information. Is it possible there are jealous classmates? I am not condoning the bad behavior - I put this link up to remind people: (a) no data are private, not even "deleted" data (b)…

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Why Tesla owners pay more for insurance

June 6, 2017
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A nice article in Zerohedge about the recent rate hike for Tesla owners (link). Of course, Tesla is crying foul. The gist of the story is that Tesla owners tend to get into more crashes and the repair cost is higher than for other brands. The former is a matter of statistics - but also self-selection: in my limited encounters, the first things Tesla owners tell me about their cars…

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Book review: Everybody Lies by Seth Stephens-Davidowitz

May 15, 2017
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Book review: Everybody Lies by Seth Stephens-Davidowitz

Kaiser Fung, founder of Principal Analytics Prep, discusses Seth Stephens-Davidowitz's new book, Everybody Lies

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The Times agrees on privacy and kind of on fake news business

May 11, 2017
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The New York Times Magazine has been publishing some pieces that directly relate to a couple of my blog posts. In this article, Amanda Hess noticed that "privacy became a commodity for the rich and powerful." This echoes my blog post on "Data is the next frontier of equal rights." Hess discussed the asymmetry and hypocrisy of the situation whereby the same businesses and business executives that are wantonly stripping…

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A pretty good chart ruined by some naive analysis

May 10, 2017
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A pretty good chart ruined by some naive analysis

The following chart showing wage gaps by gender among U.S. physicians was sent to me via Twitter: The original chart was published by the Stat News website (link). I am most curious about the source of the data. It apparently...

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Here’s What I’ve Been Reading

May 5, 2017
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Here’s What I’ve Been Reading

Here are some of the papers that I've been reading recently. Some of them may appeal to you, too:Bampinas, G., K. Ladopoulos, &T. Panagiotidis, 2017.  A note on the estimated GARCH coefficients from the S&P1500 universe. WP 17-09, Rimini C...

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Pints, water, fishes, pond

May 2, 2017
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Pints, water, fishes, pond

@apollo_0 on twitter asks me to comment on this, by Scientific Britain: Here's my comment:

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Data sleaze: Uber and beyond

April 26, 2017
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There has been a barrage of negative publicity related to Uber recently. The latest salvo is a long article in the New York Times (link). This piece focuses on Uber's CEO, who was trained as a computer engineer, but my interest lies primarily in several revelations about how Uber collects and uses customer data. The key episode picked up by various outlets (e.g. TechCrunch, Wired) involves Uber "secretly identifying and…

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The get-rich-quick scheme of the English

March 31, 2017
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The get-rich-quick scheme of the English

The World Economic Forum published this chart: The "EF EPI Score" is a measure of English proficiency. So the evidence is clear as day: "Better English and Income Go Hand in Hand," as their headline blares. Last time I was in the New York subway, the panhandler spoke good English. What's a blogger to do? I pulled out the EPI scores from the EPI report, and downloaded the Gross National…

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