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More Judgment Than Data: Data Literacy and Decision-Making

More Judgment Than Data: Data Literacy and Decision-Making

Hardcover

EconomicsDatabasesProbability & Statistics

ISBN10: 3030994716
ISBN13: 9783030994716
Publisher: Palgrave Macmillan
Published: Aug 24 2022
Pages: 160
Weight: 0.80
Height: 0.44 Width: 5.83 Depth: 8.27
Language: English

More data has been produced in the 21st century than all of human history combined. Yet, are we making better decisions today than in the past? How many poor decisions result from the absence of data? The existence of an overwhelming amount of data has affected how we make decisions, but it has not necessarily improved how we make decisions. To make better decisions, people need good judgment based on data literacy--the ability to extract meaning from data.

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Jones, Michael

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Economics