Jinho Kim,Thomas H. Davenport

Keeping Up with the Quants

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  • Heri Heryadihas quoted7 years ago
    more and better data beat a better algorithm almost every time
  • Heri Heryadihas quoted7 years ago
    One of my favorites is to get better data. Not more data, but data that’s different from what has been used to solve the problem so far. If you have used demographic data, add purchase data. If you have both, add browsing data. If you have numeric data, add text data
  • Heri Heryadihas quoted7 years ago
    Numerical (interval and ratio) variables
  • Heri Heryadihas quoted7 years ago
    “all models are wrong, but some are useful.”
  • Heri Heryadihas quoted7 years ago
    weather and macroeconomic data.
  • Heri Heryadihas quoted7 years ago
    the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value.
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