Can algorithms replace academics?

In this video, Phil Parker at INSEAD argues for the use of computer programs / algorithms to help answer questions that have typically been done by academics; citing a computers ability to search through mounds of data and find trends and commonalities. He further...

Superforecasting – The art and science of prediction

A great new book by Philip Tetlock and Dan Gardner, based on a long running experiment where masses of people have made predictions on a wide variety of topics. They have analyzed the data and found some traits common to those who consistently make good predictions,...

How well do you see a correlation?

We have all read correlation matrixes, and have seen: As a rule of thumb, the following guidelines on strength of relationship are often useful (though many experts would somewhat disagree on the choice of boundaries). Value of r Strength of relationship 1.0 to -0.5...