Keeping up With the Quants

Keeping up With the Quants

Your Guide to Understanding and Using Analytics

Book - 2013
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Why Everyone Needs Analytical Skills

Welcome to the age of data. No matter your interests (sports, movies, politics), your industry (finance, marketing, technology, manufacturing), or the type of organization you work for (big company, nonprofit, small start-up)--your world is awash with data.

As a successful manager today, you must be able to make sense of all this information. You need to be conversant with analytical terminology and methods and able to work with quantitative information. This book promises to become your "quantitative literacy" guide--helping you develop the analytical skills you need right now in order to summarize data, find the meaning in it, and extract its value.

In Keeping Up with the Quants , authors, professors, and analytics experts Thomas Davenport and Jinho Kim offer practical tools to improve your understanding of data analytics and enhance your thinking and decision making. You'll gain crucial skills, including:

* How to formulate a hypothesis
* How to gather and analyze relevant data
* How to interpret and communicate analytical results
* How to develop habits of quantitative thinking
* How to deal effectively with the "quants" in your organization

Big data and the analytics based on it promise to change virtually every industry and business function over the next decade. If you don't have a business degree or if you aren't comfortable with statistics and quantitative methods, this book is for you. Keeping Up with the Quants will give you the skills you need to master this new challenge--and gain a significant competitive edge.
Publisher: Boston, Massachusetts :, Harvard Business Review Press,, [2013]
ISBN: 9781422187258
Branch Call Number: 332.632042 Davenpor 06/2013
Characteristics: 228 pages :,illustrations ;,25 cm


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Sep 08, 2015

Davenport and Kim have written a readable book about analytics with sidebars into big data and statistics. They frame analytics into a three-step process -- framing the problem, solving the problem, and communicating and acting on the results. They are quick to say that many people never get to the third step which is the most important. With examples ranging from the Fido Index to determine one's suitability for a pet (Kim found that even a pet cactus would be ambitious for him) to why a 10-month pregnancy is possible to the "nun study" about linguistics and Alzheimer's Disease, the authors are entertaining with what is normally considered very dull material. A good introduction to some timely topics.


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