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More Judgment Than Data
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More Judgment Than Data : Data Literacy and Decision-Making

2022 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 3030994716
ISBN-13 9783030994716
Edition 2022 ed.
Publisher Springer Nature Switzerland AG
Imprint Springer Nature Switzerland AG
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 24th, 2022
Print length 160 Pages
Weight 350 grams
Dimensions 15.40 x 21.60 x 1.80 cms
Ksh 16,200.00
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More data has been produced in the 21st century than all of human history combined. To make better decisions, people need good judgment based on data literacy—the ability to extract meaning from data. Including data in the decision-making process can bring considerable clarity in answering our questions.

More data has been produced in the 21st century than all of human history combined. Yet, are we making better decisions today than in the past? How many poor decisions result from the absence of data? The existence of an overwhelming amount of data has affected how we make decisions, but it has not necessarily improved how we make decisions. To make better decisions, people need good judgment based on data literacy-the ability to extract meaning from data.

Including data in the decision-making process can bring considerable clarity in answering our questions. Nevertheless, human beings can become distracted, overwhelmed, and even confused in the presence of too much data. The book presents cautionary tales of what can happen when too much attention is spent on acquiring more data instead of understanding how to best use the data we already have. Data is not produced in a vacuum, and individuals who possess data literacy will understand the environment and incentives in the data-generating process. Readers of this book will learn what questions to ask, what data to pay attention to, and what pitfalls to avoid in order to make better decisions. They will also be less vulnerable to those who manipulate data for misleading purposes.


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