If you are like most practitioners of analytics, you went into the field because you are good with numbers, and you want to help people improve the quality of decisions on…
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Why big data analytics projects fail and how to fix them
Analytica & systems dynamics: interview with Cory Welch
Cory Welch gave a paper on using Analytica at the International System Dynamics Conference on why and how he uses …
Estimation of the EVI using Monte Carlo
The expected value of information (EVI) lets you estimate the value of getting new information that reduces uncertainty. At first blush, it seems paradoxical that you can estimate…
