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John Quiggin's avatar

Useful to distinguish between pre-Bayesian thinking "what we are doing here can't be reduced to cold hard numbers" and post-Bayesian "even the most sophisticated Bayesian model is a simplified abstraction, and treating its output like a fact can lead you badly astray"

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Joe Jordan's avatar

Any successful sales organisation operates on the model that if the numbers and the anecdotes disagree, believe the anecdotes, unless the number is a dollar value. Metrics and KPIs are means to an end, not ends to be fetishized.

Really great article.

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