With the explosion of interest in Big Data everyone in every department is looking for actionable intelligence. That’s great but there’s a downside: Trying to explain to, say, your VP of sales that ...
RAILWAY AGE JANUARY 2023 ISSUE: Welcome to “Timeout for Tech with Gary T. Fry, Ph.D., P.E.” Each month, we examine a technology topic that professionals in the railway industry have asked to learn ...
Paul Kaplan: Quoting Benjamin Disraeli, Mark Twain famously quipped, "There are three kinds of lies: lies, damned lies, and statistics." In the field of investments, in which we rely heavily on ...
There’s an old saying that goes, “figures don’t lie, but liars can figure.” But sometimes even the figures can spin a confusing story. That’s why I’ve always appreciated the power of understanding ...
There are a lot of SEO studies out there, but not all of them are made equal. Here's how to decide if X is really affected by Y, or merely a coincidence. Every so often the SEO community will erupt ...
Correctly distinguishing between correlation and causation is critical because it influences how treatments for illnesses are devised and tested. Also, in the context of the law, it ensures that as ...
Despite the chant that correlation is not causation, some researchers believe the design of scatter plots nudges us to the wrong conclusions. Can a change in their design lessen that risk? Analyzing ...
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