A practical guide to making good decisions in a world of missing data
In the era of big data, it is easy to imagine that we have all the
information we need to make good decisions. But in fact the data we
have are never complete, and may be only the tip of the iceberg. Just
as much of the universe is composed of dark matter, invisible to us
but nonetheless present, the universe of information is full of dark
data that we overlook at our peril. In Dark Data, data expert David
Hand takes us on a fascinating and enlightening journey into the world
of the data we don't see. Dark Data explores the many ways in which we
can be blind to missing data and how that can lead us to conclusions
and actions that are mistaken, dangerous, or even disastrous.
Examining a wealth of real-life examples, from the Challenger shuttle
explosion to complex financial frauds, Hand gives us a practical
taxonomy of the types of dark data that exist and the situations in
which they can arise, so that we can learn to recognize and control
for them. In doing so, he teaches us not only to be alert to the
problems presented by the things we don’t know, but also shows how
dark data can be used to our advantage, leading to greater
understanding and better decisions. Today, we all make decisions using
data. Dark Data shows us all how to reduce the risk of making bad
ones.
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Why What You Don’t Know Matters
Produktdetaljer
ISBN
9780691198859
Publisert
2019
Utgiver
Princeton University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter