How to know when data is lying to you
As stated by the Bill Russell, the final score is an only main statistic. However, is it still right? We are living in the age of Sabermetrics, ESPN3, NFL Pro Days & Combines, Levi’s Stadium, and Fitbit, the sports analysts have access to great details through which they can find out the meaning. There will be lots of misleading correlations that can be drawn with the availability of this data.
Figure One: Tylervigens.com offer adequate correlations that can assist you in wasting a great amount of time at the work. We have gone in depth to list some of the favorites. However, the real thing here is which of the stats are significant?
Causation, Correlation and really wrong bets
Over the period of past some months, the sports have featured the way experts equipped with the stat sheets that can be a mistaken correlation with causation. It ranges from Bubba Watson winning the Masters to the projected draft position of the Johnny Manziel and the playoffs missed by the Phoenix Suns, there are many misled results from the correlations. Are you aware of the fact that the teams having a record of at least a .585 record entered the playoffs more than 99% times in the history of the NBA playoffs? Also, do you know that the Masters isn’t won between 1980 & 2010 whereas polo shirt button on each one?
Figure Two: Does data lie? The consumption of cheese has a direct correlation to death by the bedsheet strangulation.
Figure Three: The civil engineering degrees are earned by the cheese eaters prior to succumbing to the spreads.
These numbers might be taken to the Vegas by the layperson. But, it is very tough to find out the significance of stats without all these details. In the present world of 1s and 0s, what is the ideal difference between the usage of graphics driver shafts and buttoning up your polo shirt?
Access to the right data matters a lot?
No matter, it is a CEO’s office or a coach’s office, the access to all the pertinent data is needed by the leaders for determination of the irrelevant and important relationships. Is there any chance that the playoffs are missed by an NBA team due to midseason injuries or increased three-point shooting in the divisional road games? Do the sales of a company increase due to their more spending on the print ads and billboards, or due to the increase in the news article mention by the PR team? Is there chance that a player doesn’t get drafted into the team prior to the 24th pick due to his arrogance over the rap music on his Pro day or due to the fact that eBay shows up lots of footballs with his autograph.
The answers to these questions can only be delivered by bringing the data at one place.
Your misconceptions will be cleared by the Domo
Domo arrived from here. The decision makers are allowed for asking difficult questions and receiving the right answers with the capability of blending the disparate data sources into a unified platform. These answers were previously unattainable. This kind of bigger ranging analysis can assist you in avoiding the surprises in the office and any place where it can be counted. No matter, which profession is it, each one deserves the data analysis tools of the master. If not, then it may result in comparing the increased the oil imports by consumption of chicken per capita. All these names can result in making the misleading correlations.
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