Question the Data, Economic Data Bunk

Rule No. 1: Question the data
Rule No. 2: Know what you’re measuring.
Rule No. 3: Look outside the data
(source infra)

Three Rules to Make Sure Economic Data Aren’t Bunk | FiveThirtyEight: "...Economic indicators are often contradictory and always subject to uncertainty, but that isn’t a reason to dismiss them. Economics deals with subjects we encounter daily: jobs, spending, production, prices. It doesn’t take a Ph.D. or even a bachelor’s degree in economics to understand these concepts and how they interact with one another. It shouldn’t take a degree to interpret an economics report, either...." (read more at link above)




Malaysia Airlines flight MH370, Inmarsat, the Truth is in the Data

BBC News - UK firm behind Malaysia Airlines flight MH370 breakthrough: "Dr Boxall continued: "They [Inmarsat] started from scratch. They've probably crammed almost a year's worth of research into maybe a couple of weeks so it's not a routine calculation they would ever, ever make. "So they've been looking at all the signals they have, all the recordings they have, and processing that many times over to try and pinpoint where the plane's signal came from. Technologically it's really quite astounding." He added that Inmarsat must have run through its calculation a number of times and "wouldn't have released this sort of information without being 100% certain"." (read more at link above)





Stephen Wolfram, Wolfram Language Introduction video

Stephen Wolfram's Introduction to the Wolfram Language:"
Stephen Wolfram introduces the Wolfram Language in this video that shows how the symbolic programming language enables powerful functional programming, querying of large databases, flexible interactivity, easy deployment, and much, much more.(Feb 24, 2014)

To learn more about the Wolfram Language, visit http://www.wolfram.com/language/

For the latest information visit:
http://reference.wolfram.com/language
http://www.wolfram.com





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