Machine Learning Times
Machine Learning Times
EXCLUSIVE HIGHLIGHTS
Effective Machine Learning Needs Leadership — Not AI Hype
 Originally published in BigThink, Feb 12, 2024.  Excerpted from The...
Today’s AI Won’t Radically Transform Society, But It’s Already Reshaping Business
 Originally published in Fast Company, Jan 5, 2024. Eric...
Calculating Customer Potential with Share of Wallet
 No question about it: We, as consumers have our...
A University Curriculum Supplement to Teach a Business Framework for ML Deployment
    In 2023, as a visiting analytics professor...
SHARE THIS:

9 years ago
Using Statistics and Visualization as Complementary Validation

 I don’t often find myself thinking or saying common maxims (e.g. Better to be safe than sorry). But there is an uncommon maxim I learned from Jeffrey Luftig, who taught one of my favorite statistics courses. He had a number of colorful sayings but the one that has stuck with me in my professional life is Never show a statistic without a picture; never show a picture without a statistic. I think about this often while validating analytical work. Anscombe’s quartet has become a well-known example of where statistics alone can be misleading. All four data sets below

This content is restricted to site members. If you are an existing user, please log in on the right (desktop) or below (mobile). If not, register today and gain free access to original content and industry news. See the details here.

Comments are closed.