"Raw data is a viscous fluid containing information" Myth #7: Big Data Volume (Or Large N) contains complete information Myth #8: Big Data Volume (Or Large N) speaks for itself Myth #9: Big Data Volume (Or Large N) replaces sampling and other statisticsso much information The first misunderstanding about Big Data is that there is a data rush. To be more acccurate, we are in … [Read more...] about 3 Statistics Denial Myths on the Volume of Big Data
myths
Are Data Mining and Machine Learning Distinct from Statistics?
"I almost feel that folks in data science [excluding statisticians] are suddenly realizing that this kind of work is not new and are desperately looking for ways to justify a distinction." Thomas Speidel [Machine Learning is simply a] loose confederation of themes in statistical inference (and decision-making) Michael Jordan "Without a grounding in statistics, a Data … [Read more...] about Are Data Mining and Machine Learning Distinct from Statistics?
Why Statisticians Not Only Practice Within Traditional Statistics
"Ignoring Statistics means you aren't learning from the wisdom of others." Chris Howden "Statisticians are data scientists by definition but data scientists do not [all] have ... training." Daniele Medri Myth #2: Statisticians (and other quants), work within 'traditional statistics The myth that statisticians only practice within 'traditional statistics' removes or … [Read more...] about Why Statisticians Not Only Practice Within Traditional Statistics
Statistics Denial, Myth #1: Traditional Techniques Straw Man
"You cannot reason people out of a position that they did not reason themselves into." Ben Goldacre, Bad Science "It's all in the algorithm" Dr. Rodney Mckay, Stargate Universe Myth #1: Statistics consists of only certain 'traditional' techniques or those from STAT 201 The current buzz about big data and data science is generating interest and a sense of urgency. However, … [Read more...] about Statistics Denial, Myth #1: Traditional Techniques Straw Man
10 Myths about Cloud Computing
Cloud is recognized as facilitating speed-to-market and for its ability to drive business agility. This is because cloud supports rapid experimentation and innovation by allowing companies to quickly try and even adopt new solutions without significant up-front costs. The Cloud can be a highly agile wrapper around different systems, different behavior and bringing it all … [Read more...] about 10 Myths about Cloud Computing
