Latest KDnuggets News 11:n24, (Oct 12, 2011) Features:
- Columbus day to celebrate and reflect upon discovery in cyberspace?
- How Obama's data-crunching prowess may get him re-elected
- Judge forbids use of Bayes Theorem. Really?
- 1 week until Predictive Analytics World October 2011 in New York
- Survey: Predictive Analytics in the Cloud
- KDD-2012 Call for Papers, due Feb 10, 2012
- Top news for Oct 2-8
- Top news for Sep 25 - Oct 1
- Top news, jobs in September
- Additions to KDnuggets Directory in September
Quote
John Kay muses on interpreting statistical data: Always ask of such data
"what is the question to which this number is the answer?".
"Earnings before interest, tax, depreciation and amortisation on a like-for-like basis before allowance for exceptional restructuring costs"
is the answer to the question
"what is the highest profit number we can present without attracting flat disbelief?".