Saturday, November 10, 2012 | | | Eric Lundquist | | | | Only one number mattered to the data analysis aficionados watching the presidential election results on Tuesday night. That number, 538, is Nate Silver's blog (now under the New York Times auspices). Silver, by using predictive analytics applied against a range of polling and related data, hit a perfect 50 for 50 in his state-by-state predictions.
Remember, this was in a race where the pundits for the losing side were confident in their landslide-win predictions, and pundits on the winning side were predicting a razor-thin victory margin where vote counts and recounts could stretch for weeks. While Silver was spot-on, the pundit stars were overwhelmingly wrong.
Silver is now a media star with sales of his recent book, The Signal and the Noise: Why So Many Predictions Fail -- But Some Don't, up 850%. Does Silver's success mean that comments about aggregated analytics, gamma distributions and sum-of-squares formulas will now become de rigueur on the Washington cocktail circuit? That all those math teachers telling toiling high school students that statistics really will be useful in real life will finally be vindicated? That all the talk about "big data as the next big thing" will actually prove to be more than passing buzz?
READ MORE
Eric Lundquist VP & Editorial Analyst InformationWeek Business Technology Network | | QUOTE OF THE DAY "I lost some time once. It's always in the last place you look for it." -- Neil Gaiman |
JOIN THE CONVERSATION Posted By Mack Knife: "What Microsoft really needs to do though it take the burner up a few notches on it's partners so that higher quality and the best performance is what gets sold." In reply to: "HTC, Nokia Windows Phone 8 Devices On Sale" View Entire Response | Post Your Own Reply
| | | | DOWNLOAD NETWORK COMPUTING'S LATEST DIGITAL ISSUE From SDN to network overlays, emerging technologies promise to reshape the data center for the age of virtualization. Also in the new, all-digital issue of Network Computing: Open Compute rethinks server design. DOWNLOAD NOW FREE (Registration Required) | | MOST POPULAR THIS WEEK EYE CANDY: IMAGE GALLERIES ALSO SEE • 5 Healthcare Tools To Boost Patient Involvement • Windows Phone 8: Star Features RESOURCES AND EVENTS InformationWeek 2013 Outlook Survey We are conducting our annual Outlook Survey to explore how IT leaders are planning their priorities and budgets for 2013. The results of the survey will appear in an upcoming issue as well as in an in-depth report. Take our survey now and enter to win one Samsung Series 5 Chromebook.
Survey ends Nov. 19 | | | This e-mail was sent to sojo.blo@gmail.com
| InformationWeek: The Week In Review -- Published By InformationWeek 600 Community Drive Manhasset, NY 11030 To update your profile, change your e-mail address, or unsubscribe, click here.
Thoughts about this newsletter? Give us feedback. | | Keep This Newsletter Out Of Your SPAM Folder Don't let future editions of InformationWeek: The Week In Review go missing. Take a moment to add the newsletter's address to your anti-spam white list: email@techwebnewsletters.com
If you're not sure how to do that, ask your administrator or ISP. Or check your anti-spam utility's documentation.
We take your privacy very seriously. Please review our Privacy Statement. | | | |
No comments:
Post a Comment