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Signal: understanding what matters in a world of noise Few, Stephen

By: Publication details: Analytics Press 2015 CaliforniaDescription: 209 pISBN:
  • 9781938377051
Subject(s): DDC classification:
  • 001.4226 F3S4
Summary: In this age of so-called Big Data, organizations are scrambling to implement new software and hardware to increase the amount of data they collect and store. However, in doing so they are unwittingly making it harder to find the needles of useful information in the rapidly growing mounds of hay. If you don't know how to differentiate signals from noise, adding more noise only makes things worse. When we rely on data for making decisions, how do we tell what qualifies as a signal and what is merely noise? In and of itself, data is neither. Assuming that data is accurate, it is merely a collection of facts. When a fact is true and useful, only then is it a signal. When it's not, it's noise. It's that simple. In Signal, Stephen Few provides the straightforward, practical instruction in everyday signal detection that has been lacking until now. Using data visualization methods, he teaches how to apply statistics to gain a comprehensive understanding of one's data and adapts the techniques of Statistical Process Control in new ways to detect not just changes in the metrics but also changes in the patterns that characterize data. (https://www.perceptualedge.com/library.php)
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Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
Book Book Ahmedabad Non-fiction 001.4226 F3S4 (Browse shelf(Opens below)) Available 192120
Total holds: 0

Contents:

Part 1. Get to know the land. Survey the land -- Variation within categories -- Variation within measures -- Variation across space -- Variation through time -- Relationships among measures -- Relationships among categories -- Relationships among multiple variables and perspectives .

Part 2. Watch over the land. Install signal sensors -- Envision the land at its best -- Document the land -- Monitor the land for signals.

In this age of so-called Big Data, organizations are scrambling to implement new software and hardware to increase the amount of data they collect and store. However, in doing so they are unwittingly making it harder to find the needles of useful information in the rapidly growing mounds of hay. If you don't know how to differentiate signals from noise, adding more noise only makes things worse. When we rely on data for making decisions, how do we tell what qualifies as a signal and what is merely noise? In and of itself, data is neither. Assuming that data is accurate, it is merely a collection of facts. When a fact is true and useful, only then is it a signal. When it's not, it's noise. It's that simple. In Signal, Stephen Few provides the straightforward, practical instruction in everyday signal detection that has been lacking until now. Using data visualization methods, he teaches how to apply statistics to gain a comprehensive understanding of one's data and adapts the techniques of Statistical Process Control in new ways to detect not just changes in the metrics but also changes in the patterns that characterize data.

(https://www.perceptualedge.com/library.php)

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