Qualitative Data Can Provide Context and Meaning to Your Quantitative Data
Someone once said "if you can't measure something, you can't understand it." Another version of this belief says: "If you can't measure it, it doesn't exist." This is a false way of thinking -- a fallacy -- in fact it is sometimes called the McNamara fallacy. This mindset can have dire consequences in national affairs as well as in personal medical treatment (such as the application of "progression-free survival" metrics in cancer patients, where the reduction in tumors is lauded as a victory while the corresponding reduction in quality of life is ignored). Similarly, in the world of data science and analytics, we are often drawn into this same way of thinking.
Oct-20-2021, 17:50:21 GMT
- Genre:
- Research Report > New Finding (0.35)
- Industry:
- Health & Medicine > Therapeutic Area > Oncology (0.55)
- Technology: