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by facepalm
3993 days ago
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I assume data science is often used in place of astrology. People just want to have something to cling to, to get over their fears and insecurity. So if you can generate some reassuring graphs, who cares if they are based on solid statistics or not? |
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The other side of this is that some businesses (especially SMBs) are so horrible at utilizing their data that very basic analyses can reap big gains (80/20 rule!). For the vast majority of businesses there is no need for elaborate models or machine learning techniques.