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Tim Harford explains the numbers and statistics in the news and in life

Tim Harford explains the numbers and statistics in the news and in life.

More or Less: A Warning about Big Data

Factual

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17/10/2014

A Warning about Big Data

BBC World Service - More or Less, A Warning about Big Data

With the hype surrounding big data are we forgetting some basic statistical lessons?

Big data promises to deliver everything from increased corporate profits to better healthcare. Is the hype blinding us to some basic statistical lessons?

Big data has been enjoying a lot of hype, with promises it will help deliver everything from increased corporate profits to better healthcare. While the potential is certainly there, Tim Harford asks if the hype is blinding us to some basic statistical lessons learned over the past 200 years?

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