The benefits of analytics are well-documented. Analytics has helped organisations transform retail experiences, map pathways for trains and trucks, discover extraterrestrial life, and even predict diseases. However, over the past few years, organisations across the globe have wrestled with just how much human error has permeated their analytics attempts, often ending with disastrous results. From crashing spacecraft to sinking ships, transferring billions of dollars to unintended recipients, and causing deaths due to overdose of medication, human error in data analysis has far-reaching ramifications for organisations. The reason for human error in data analysis could be many, such as lack of experience, fatigue or loss of attention, lack of knowledge, or the all-too-common biases in interpreting data. However, what's common among these errors is that they are related to humans reading, processing, analysing, and interpreting data.
Jan-23-2022, 17:11:36 GMT