Category Archives: Statistics

Hans Rosling in memoriam

Hans Rosling died from cancer this morning.

Not much to say, really. Or, maybe, so much to say. I met him in Oslo once, I had seen his video and suggested him for the annual “big” conference for movers and shakers in Oslo. He came and wowed everyone. Simple as that.

Here is another one (this one in Swedish) where he just shuts down a rather snooty and ill prepared newsshow host by saying, essentially, “this is not a matter of opinion, this is a matter of statistics and facts. I am right and you are wrong.”

What a man.

Analytics for Strategic Management

I am starting a new executive course, Analytics for Strategic Management, with my young and very talented colleagues Alessandra Luzzi and Chandler Johnson (both with the Center for Digitization at BI Norwegian Business School).


Alessandra Luzzi


Chandler Johnson

The course (over five modules) is aimed at managers who want to become sophisticated consumers of analytics (be it Big Data or the more regular kind). The idea is to learn just enough analytics that you know what to ask for, where the pressure points are (so you do not ask for things that cannot be done or will be prohibitively expensive). The participants will learn from cases, discussions, live examples and assignments.

Central to the course is a course analytics project, where the participants will seek out data from their own company (or, since it will be group work, someone else’s), figure out what you can do with the data, and end up, if not with a finished analysis (that might happen), at least with a well developed project specification.

The course will contain quite a bit of analytics – including a spot of Phython and R programming – again, so that the executives taking it will know what they are asking for and what is being done.

We were a bit nervous about offering this course – a technically oriented course with a February startup date. The response, however, has been excellent, with more than 20 students signed up already. In fact, wi will probably be capping the course at 30 participants, simply because it is the first time we are teaching it, and we are conscious that for the first time, 30 is more than enough, as we will be doing everything for the first time and undoubtedly change many things as we go along.

If you can’t do the course this year – here are a few stating pointers to whet your appetite:

  • Big Data is difficult to define. This is always the case with fashionable monikers – for instance, how big is “big”? – but good ol’ Wikipedia comes to the rescue, with an excellent introductory article on the concept. For me, Big Data has always been about having the entire data set instead of a sample (i.e., n = p), but I can certainly see the other dimensions of delineation suggested here.
  • Data analytics can be very profitable (PDF), but few companies manage to really mine their data for insights and actions. That’s great – more upside for those who really wants to do it!
  • Data may be big but often is bad, causing data scientists to spend most of their time fixing errors, cleaning things up and, in general, preparing for analytics rather than the analysis itself. Sometimes you can almost smell that the data is bad – I recommend The Quartz guide to bad data as a great list of indicators that something is amiss.
  • Data scientists are few, far between and expensive. There is a severe shortage of people with data analysis skills in Norway and elsewhere, and the educational systems (yours truly excepted, of course) is not responding. Good analysts are expensive. Cheap analysts – well, you get what you pay for. And, quite possibly, some analytics you may like, but not what you ought to get.
  • There is lots of data, but a shortage of models. Though you may have the data and the data scientists, that does not mean that you have good models. It is actually a problem that as soon as you have numbers – even though they are bad – they become a focal point for decision makers, who show a marked reluctance to asking where the data is coming from, what it actually means, and how the constructed models have materialised.

And with that – if you are a participant, I look forward to seeing you in February. If you are not – well, you better boogey over to BIs web pages and sign up.

R – the swiss army knife of the data scientist

R LogoThe video below, a talk by John D. Cook (via Flowingdata), is a very nice intro to R for the someone who wants to be a data scientist and have some notion or experience of programming. I have been beginning to look at R, but need a specific project to analyze in order to get into it. When learning a programming language (or any powerful tool, for that matter) it is important to get under the skin of it, to understand it to the point where you don’t look up the function or whatever in the manual because you intuitively know what it would be named, since you think like the developers. (I can’t claim any knowledge like that, except perhaps for IFPS (a defunct financial programming language), REXX (macro language for IBM mainframes), and Minitab (statistical package, rather marginalized now). Learning something to that level requires time and, most importantly, a need. We’ll see.

But it helps to have someone explain things, so I guess watching this video is not a waste of time. It wasn’t for me, anyway. And R certainly is the thing to learn, in this Big Data (whatever that may mean) world. (Though, as is said here, it was never designed for huge data sets. But huge data sets need models to work, and you build those on small data sets…)