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Latest read: Numbers Rule Your World

I have enjoyed Kaiser Fung‘s blog JunkCharts for some time. He provides insight regarding data visualizations. His book Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do reveals how statistics and data mining find insights too good to pass up. Numbers make good stories even more compelling.

Numbers Rule Your WorldKaiser Fung takes an excellent approach to confirming that data analysis is now key to improving outcomes and discovering insights.

Fung outlines the use of big data analysis to solve five problems:

1. Fast Passes/Slow Merges: managing traffic patterns by the Minnesota DOT. This chapter reveals how frustrating statisticians can become when confronting politicians who ignore data.

2. Bagged Spinach/Bad Score tracked a deadly E. coli outbreak that caused three deaths across 23 states.

3. Item Bank/Risk Pool is a fascinating chapter about Florida insurance policies. Hurricane seasons come and go and yet an established city mayor and established businessman could not maintain an ongoing insurance business even with years of experience in state government. I found this chapter interesting to discover how the state games the insurance system say for say….Hurricane Wilma. For Higher Education this chapter also reveals Admissions related stories that are most interesting when compared to hospital billing. Fung also brings into focus the Golden Rule lawsuit that successfully charged discrimination against minority applicants in the insurance industry.