Tag Archives: thinking fast and slow

Correlation versus Causation: The Science, Art, and Magic of Experimental Design

August 17, 2013

3 Comments

Venus

Recently I was chastised for being ‘unnecessarily obscure’ for reacting to a specious conclusion by suggesting that it risked ‘conflating correlation with causation’. Guilty as charged!  I apologize:  the expression is quite a mouthful and requires unraveling for those unfamiliar with the nuances of the applied experimental method.  However, I feel passionately that this concept […]

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Adopting Analytics Culture: 1. Why Change Management? (1 of 7)

May 26, 2013

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Cognitive Bias

PART OF A SERIES ON ADOPTING ANALYTICS CULTURE: 1 of 7 LINK TO HEADER ARTICLE What does change management have to do with business analytics? Along with feverish interest in business analytics (BA) and ‘Big Data’ has been an interest in how organizations can adopt ‘analytics culture’ to evolve what has been called ‘analytics maturity’ […]

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60-second book review: ‘Thinking, Fast and Slow’ by D. Kahneman

May 23, 2012

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60 Second Book Review: ‘Thinking, Fast and Slow’ by D. KahnemanKahneman, D. 2011. Thinking, Fast and Slow. Farrar, Straus, Giroux. I highly recommend this book to anyone looking for a breath of fresh air and the promise of ‘a new way forward’ for business and commerce. Kahneman, a Nobel laureate in Economics, makes a clear […]

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