Keeping up With the Quants

Keeping up With the Quants

Your Guide to Understanding and Using Analytics

Book - 2013
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A quantitative literacy "how to" guide for managing big data. Develop analytical skills to summarize, find meaning and extract information in an environment of everchanging data: formulate a hypothesis, gather and analyze relevant data, interpret and communicate analytical results, develop habits of quantitative thinking, deal effectively with the "quants" in your organization.
Publisher: Boston, Massachussets : Harvard Business Review Press, c2013
ISBN: 9781422187258
Characteristics: vii, 228 pages ; 24 cm
Additional Contributors: Kim, Jinho

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TheresaAJ
Sep 08, 2015

Davenport and Kim have written a readable book about analytics with sidebars into big data and statistics. They frame analytics into a three-step process -- framing the problem, solving the problem, and communicating and acting on the results. They are quick to say that many people never get to the third step which is the most important. With examples ranging from the Fido Index to determine one's suitability for a pet (Kim found that even a pet cactus would be ambitious for him) to why a 10-month pregnancy is possible to the "nun study" about linguistics and Alzheimer's Disease, the authors are entertaining with what is normally considered very dull material. A good introduction to some timely topics.

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