Valentine’s Day, Big Data And Excel; A BCA Reading List

Here’s How America Is Spending $20 Billion This Valentine’s Day – Derek Thompson – The Atlantic

Valentine’s Day is a time to spoil our beloveds, woo our secret lovers, and remember to call our mothers. It is also, to put things slightly less tenderly, a $20 billion macroeconomic stimulus aimed straight at the heart of the American chocolate-floral-lingerie industrial hydra.

Reshoring, Really? Paris Tech Review

The Changing Nature of ‘Having It All’ | Knowledge@Wharton Today

Beware the Big Errors of ‘Big Data’ | Wired Opinion | Wired.com Nassim Taleb

Modernity provides too many variables, but too little data per variable. So the spurious relationships grow much, much faster than real information. In other words: Big data may mean more information, but it also means more false information.

The social network you can’t opt out of

Getting the Right Dose of Exercise – NYTimes.com

The Importance of Excel | The Baseline Scenario

But while Excel the program is reasonably robust, the spreadsheets that people create with Excel are incredibly fragile. There is no way to trace where your data come from, there’s no audit trail (so you can overtype numbers and not know it), and there’s no easy way to test spreadsheets, for starters. The biggest problem is that anyone can create Excel spreadsheets—badly. Because it’s so easy to use, the creation of even important spreadsheets is not restricted to people who understand programming and do it in a methodical, well-documented way.

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