Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

UnavailableEP16: Why Overconfidence in Algorithms is Bad for Data Analytics with Professor Jeff Camm
Currently unavailable

EP16: Why Overconfidence in Algorithms is Bad for Data Analytics with Professor Jeff Camm

FromThe 10 Minute Business Analytics Podcast | Data Analytics, Big Data, Data Visualization, Data Warehousing


Currently unavailable

EP16: Why Overconfidence in Algorithms is Bad for Data Analytics with Professor Jeff Camm

FromThe 10 Minute Business Analytics Podcast | Data Analytics, Big Data, Data Visualization, Data Warehousing

ratings:
Length:
11 minutes
Released:
Sep 18, 2017
Format:
Podcast episode

Description

The dictionary defines optimal as best, as in “the optimal approach is the best approach.” But when it comes to analytics and making the right decision, Jeff Camm argues that optimal is very often far from optimal. Camm is the associate dean of business analytics at the Wake Forest School of Business. Camm points to misplaced confidence in algorithms. In his research, he found that the best analytics recommendation for most enterprises is almost NEVER the choice that is mathematically ideal. Jeff, in a world of almost pure science, how can that be?  
Released:
Sep 18, 2017
Format:
Podcast episode