Decision Support News
D. J. Power, Editor
December 7, 2014 Vol. 15, No. 25
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1) How do you tell a 'good' story based upon data?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1)
How do you tell a 'good' story based upon data?
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by Daniel J. Power
Editor, DSSResources.com
Analysis of data should result in telling managers and sponsors
stories to summarize what was found. Story telling is however
an art. Some of us are born story tellers, many of us need to
learn to tell stories. A story has a beginning, a middle and an
end. Sometimes a story begins with the final events and then
recounts how it happened. Other stories are more sequential and
recount events chronologically. There are many story patterns.
Data may contain a story, but analysis must reveal the story.
Data often has patterns, data is not usually a random collection
of observations. During analysis we do need to be careful about
removing and eliminating data, removing "outliers", observations
that are distant from others, can distort the story.
Continue reading at
http://dssresources.com/faq/index.php?action=artikel&id=317
Click for more Frequently Asked Questions
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2) Recent DSS News Headlines
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12/05/2014 New software, Social Oracle, could have predicted violence in Ferguson. Check release.
12/04/2014 IBM Watson Analytics beta now open For business; helps transform the way people work by bringing analytics to everyone. Check release.
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3) Upcoming Decision Support Conferences/Call for Papers/Books
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1. Dec. 28-29, 2014 “Big Data and Analytics For Business(BDAB-2014)”,
New Delhi, India. Check the website Click here.
2. May 27-29, 2015 ICDSST 2015 organized by the EWG-DSS. The theme is “Big Data Analytics for Decision Making”, Belgrade, Serbia. Check the website Click here.
Order Dan Power's new book: Decision Support, Analytics, and Business Intelligence, Second Edition
Click here
Become a Business Expert Press author
Click here
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