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Principles of Strategic Data Science

You're reading from   Principles of Strategic Data Science Creating value from data, big and small

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Product type Paperback
Published in Jun 2019
Publisher
ISBN-13 9781838985295
Length 104 pages
Edition 1st Edition
Languages
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Author (1):
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Peter Prevos Peter Prevos
Author Profile Icon Peter Prevos
Peter Prevos
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Toc

Best-Practice Data Science

This chapter discusses a normative framework for creating value with data. Inspired by the Roman architect Vitruvius, the products of data science need to be useful, sound and aesthetic.

Data science is useful when the data is converted into information. This information increases the knowledge of the professionals who use it. This knowledge improves the reality from which the data was extracted. The relationship between reality and data is critical.

Data science is sound when it delivers valid and reliable results and can be reviewed by other experts.

Validity is the extent to which the data describes the aspect of reality it is presumed to represent. In physical measurements, this aspect is governed by physics and chemistry. In measures of the social world, validity is complicated, because we can only record the external states of a human being, and not their state of mind.

The reliability of data and its analysis relates to the accuracy of the information. In physical...

You have been reading a chapter from
Principles of Strategic Data Science
Published in: Jun 2019
Publisher:
ISBN-13: 9781838985295
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