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Ethics & Management

Home Blog Type Ethics & Management

Ethics & Management / General Post

Unforeseen Consequences in Data Science

Unforeseen Consequences in Data Science After the massive Exxon Valdez oil spill, states passed laws boosting the liability of tanker companies for future spills.  The result was not as intended: fly-by-night companies, whose bankruptcy would not be consequential, took over the trade. In this blog…

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Analytics / Data Science / Ethics & Management / Machine Learning / Prediction/Forecasting / Use Anywhere

Ethical Practice in Data Mining

Prior to the advent of internet-connected devices, the largest source of big data was public interaction on the internet. Social media users, as well as shoppers and searchers on the internet, make an implicit deal with the big companies that provide these services: users can…

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Analytics / Ethics & Management / Introductory Statistics / Mastery Page / Mastery Series / Prediction/Forecasting / Statistical Modeling / Statistics / Use Anywhere

Examples of Bad Forecasting

In a couple of days, theWall Street Journalwill come out with its November survey of economists' forecasts. It's a particularly sensitive time, with elections in a few days and President Trump attacking the Federal Reserve for for raising interest rates. It's a good time to…

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