Posts filed under “Data Analysis”
This is an absolutely fascinating — hypnotic even — depiction of what the daily metrics of a New York City Taxi looks like, overlaid on top of a map. You can track passengers, distance traveled, revenue, even tips.
Bravo! I wish we could make the data from our business (Financial planning/asset management) look this compelling!
Hat tip fivethirtyeight.com
Regular readers of mine know I spend lots of time debunking bias and cognitive errors. With the markets up as much as they have been, it has been easier to find examples of that error in the bearish camp than the bullish one (See this as an example of cognitive bias in action). The bulls…Read More
Click for an awesome map. Source: Brandon Liu
Category: Data Analysis
For the week ending June 6, the St. Louis Fed Financial Stress Index (STLFSI) rose to -1.256 from -1.289. The latter is currently the lowest level on record for the index, which goes back to December 1993. The recent increase in the index was the first in the past five weeks, and the index has…Read More
If you work in finance, you will invariably come across an example of single-variable analysis. Almost daily, we see terrible examples of this sort of analytic error, rife with logical weakness, yet offered with the highest degree of certainty. The way this works is as follows: Some ominous data point will be shown, along with…Read More