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The Phantom Pattern Problem
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The Phantom Pattern Problem : The Mirage of Big Data

Book Details

Format Hardback or Cased Book
ISBN-10 0198864167
ISBN-13 9780198864165
Publisher Oxford University Press
Imprint Oxford University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Sep 24th, 2020
Print length 240 Pages
Weight 390 grams
Dimensions 13.80 x 20.30 x 2.30 cms
Ksh 6,200.00
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Patterns in data are often used as evidence, but how can you tell if that evidence is worth believing? The Phantom Pattern Problem helps readers avoid being duped by data, tricked into worthless investing strategies, or scared out of getting vaccinations. Becoming a sceptical consumer of data is important in this age of Big Data.
Pattern-recognition prowess served our ancestors well, but today we are confronted by a deluge of data that is far more abstract, complicated, and difficult to interpret. The number of possible patterns that can be identified relative to the number that are genuinely useful has grown exponentially - which means that the chances that a discovered pattern is useful is rapidly approaching zero. Patterns in data are often used as evidence, but how can you tell if that evidence is worth believing? We are hard-wired to notice patterns and to think that the patterns we notice are meaningful. Streaks, clusters, and correlations are the norm, not the exception. Our challenge is to overcome our inherited inclination to think that all patterns are significant, as in this age of Big Data patterns are inevitable and usually coincidental. Through countless examples, The Phantom Pattern Problem is an engaging read that helps us avoid being duped by data, tricked into worthless investing strategies, or scared out of getting vaccinations.

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