Optimal Decision Making Processes Include Multi-team Analyses - DSA ADS Course - 2022
On 25 May, 2022 By admin 0 Comments
DSA ADS Course - 2022
Decision Processes, Ad-Hoc Analysis, Big Data Analysis, Causal Data Science, Bayesian Decision Analysis
Single analysis will yield conclusions that are overconfident and unrepresentative and thus suboptimal for decision making processes. Using a single-analysis framework can create an illusion of reality leading to disaster.
Incorporating a multi-analysis framework - using different conceptual frameworks - will result in superior decisions over long time scales (not all of the time but most of the time).