I just finished Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart by Ian Ayres.
Super Crunchers is about what kinds of things can be learned by using basic statistical tools on huge data sets. The use of this kind of analysis is moving from universities, where "management science" or "operations research" disciplines have been advocating this kind of analysis for years, to the real world and this book discusses a few well known examples.
This book is very basic in what it presents - if you've ever taken even a basic statistics course you will be already aware of most of the tools discussed for data analysis. Some of the stories are interesting but the book feels like it has gone too far in trying to be accessible to the layman. Ayres is a practicing economist who does data analysis for a living but he comes across more like a journalist who takes the claims of the so-called "super crunchers" without a grain of salt. I'd like to have heard more about the limitations and pit-falls of this kind of analysis.
Amazon Link: Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart
Wednesday, October 24, 2007
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