Is the Fermi Paradox due to the Flaw of Averages?
Where is everybody? — Enrico Fermi The omnipresence of uncertainty is part of why making predictions and decisions is so …
Is the Fermi Paradox due to the Flaw of Averages? Read More »
Where is everybody? — Enrico Fermi The omnipresence of uncertainty is part of why making predictions and decisions is so …
Is the Fermi Paradox due to the Flaw of Averages? Read More »
As COVID-19 testing becomes a routine part of doing business, some operations face the question of whether testing should be …
Voluntary vs. mandatory testing for naval crew selection Read More »
The COVID-19 pandemic has given many people a crash course in the frightening implications of rapid exponential growth in cases …
The Suppression Triangle for COVID-19: How soon can we end the lockdown? Read More »
(Posted 23-Mar-2020) Two weeks ago in the article “Estimating US Deaths from COVID-19 Coronavirus in 2020” [C20b], I developed a …
On Monday of this week, the Imperial College COVID-19 Response Team released an influential report that forecasts how social isolation …
How social isolation impacts COVID-19 spread in the US: A Markov model approach Read More »
We all are uncertain about how the future will unfold. This is a primary reason why decision making in business, public policy and our personal lives is so hard. As the COVID-19 Coronavirus pandemic continues to unfold [W20], we are all confronted numerous new decisions that hinge a lot on how bad this is going to get. And these are hard, because the uncertainty and the stakes are so big.
If you are like most practitioners of analytics, you went into the field because you are good with numbers, and you want to help people improve the quality of decisions on important issues. But many of us spend too much time struggling to organize poorly structured data and debugging complex spreadsheets or code and too little time engaging directly with our clients to help them clarify their objectives and decisions, brainstorm better decision options, and explore, visualize and understand the results. Without this kind of interaction, the analysis may fail to address the issues they really care about. Even if it does, clients may not develop the confidence to rely on the insights, and you end up frustrated that your hard work fails to be properly appreciated.
Read the article at Orms Today Magazine, Dec 2019
This just-released Spanish-language textbook from Professor Jorge E Muro Arbulú has now taken its spot as my favorite textbook on …
Book Review: Toma de decisiones bajo incertidumbre Read More »
In 2002, I developed a statistical framework for testing whether your data provides statistically significant support for the hypothesis that A causes B. I published only one conference paper with some colleagues on the idea before moving on to other things, but I’ve always felt the idea was pretty novel and interesting.
On Tuesday I had an interesting exchange with Jorge Muro Arbulú, a professor in Peru, about the Cauchy distribution, which …
How the strange Cauchy distribution proved useful Read More »
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |