LAK11: Big Data Small Data « Viplav Baxi's Meanderings - 0 views
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data lak11 analytics week2 tools connectivism #lak11 #evomlit education
shared by Vanessa Vaile on 23 Jan 11
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which data is more appropriate - BIG or small
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other elements you mention – implication, new models, new decision making approaches – all flow from this abundance of data.
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Is small beautiful? Look at the following links. Big Data, Small Data New Age of Innovation (Prahalad) So you like Big Data
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reading on Insurers and the work done by Levitt and Dubner on Freakonomics tells us clearly that data not earlier thought relevant or causal can be an efficient predictor.
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Corresponding to the question, how big does BIG need to be, the question I have is - how small really is small.