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Monthly Archives: June 2015

Quotes

Steven Few

Quote June 18, 2015 Analyst1

Numbers have an important story to tell. They rely on you to give them a voice.

– Steven Few

Quotes

Edward Tufte

Quote June 18, 2015 Analyst1

If the statistics are boring, you’ve got the wrong numbers

– Edward Tufte

Quotes

Charles Babbage

Quote June 18, 2015 Analyst1

Errors using inadequate data are much less than those using no data at all.

Charles Babbage

Quotes

Ronald Coase

Quote June 18, 2015 Analyst1

If you torture the data long enough, it will confess.
Ronald Coase, Economist

Beware of Correlations
Insights

Beware of Correlations

June 18, 2015 Alexander Pelaez, Ph.D

Beware of correlations because they can bite! Actually, correlations are a great tool to measure the relationship of one variable to another, and they are widely used to help understand the strength and direction of the relationship. However, there are some interesting points about correlation differences that every data analyst should understand. Continue reading Beware of Correlations →

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Quotes

  • Information is the oil of the 21st century, and analytics is the combustion engine.
    Peter Sondergaard

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