Playing preset numbers in lotteries is a way to share the wealth
41,000 winners in this lottery. Preset numbers include things like the statistically least popular numbers, the diagonal numbers on the ticket, and so on.
How to make lots of people sick and believe nonsense with fraudulent research published in top journals which stood idly by for 12 years before retracting the junk
Andrew Wakefield (formerly a British doctor, now based in the US) doctored data and published erroneous research linking the MMR vaccine to autism. Result: a surge in measles (56 cases in the year before the paper came out, 1,348 cases ten years later in the UK). Ben Goldacre has been on this case for years.
A data explosion remakes retailing
NYT reports on how retailers are using data to improve their business. I do this kind of work for a living. This covers some basic stuff. The key is how data provide feedback to retailers on what the customers want and don't want as well as their decision-making process.
Data is very important in every business. It's the raw source of information! There are actually many tools in gathering data. Statisticians know the better ones. Haha! Kidding aside, IT help a lot. Without it, companies will have difficulties in gathering all the data and information needed. Everybody's thankful of technology! Who isn't, anyway?
Posted by: Philip Jackson | 08/05/2011 at 02:44 PM