When making the decision to fly on a trip, most consumers weigh three factors more than any others: cost, flight times, and available seats. Other data points, such as aircraft type, pilot experience, food or snack choices, and the like take a back seat to the data points consumers give
I like this, but I can’t help but think my decision making doesn’t make me paralyzed by more inputs, just more shaded.
I suppose if I came to a problem where I was truly lost on a direction I should head, more data points would make me more lost.
Generally however - I have a confidence in the general direction of a decision and I don’t think of additional data points as course altering as much as it’s peripheral texture.
Even the major league data wonks would use the multiples data inputs to get down to a handful of most helpful statistics. In baseball it was on-base-percentage that is the key performance indicator for offense. More recently, it has become a players WAR that has been the accepted total contribution... a stat that didn't show up on baseball cards until about 2014. WAR uses 7 previous stats with about 11 individual data inputs.
Big data created WAR, but was smart enough to deliver it's results in what feels like a single data point.
To your point above... what does WAR do for us when all we really need is someone who can hit for power 5th in the lineup?
I like this, but I can’t help but think my decision making doesn’t make me paralyzed by more inputs, just more shaded.
I suppose if I came to a problem where I was truly lost on a direction I should head, more data points would make me more lost.
Generally however - I have a confidence in the general direction of a decision and I don’t think of additional data points as course altering as much as it’s peripheral texture.
Even the major league data wonks would use the multiples data inputs to get down to a handful of most helpful statistics. In baseball it was on-base-percentage that is the key performance indicator for offense. More recently, it has become a players WAR that has been the accepted total contribution... a stat that didn't show up on baseball cards until about 2014. WAR uses 7 previous stats with about 11 individual data inputs.
Big data created WAR, but was smart enough to deliver it's results in what feels like a single data point.
To your point above... what does WAR do for us when all we really need is someone who can hit for power 5th in the lineup?