{"id":1948,"date":"2014-12-17T19:38:55","date_gmt":"2014-12-17T18:38:55","guid":{"rendered":"http:\/\/www.theusrus.de\/blog\/?p=1948"},"modified":"2014-12-17T19:53:15","modified_gmt":"2014-12-17T18:53:15","slug":"is-there-something-like-old-and-new-statistics","status":"publish","type":"post","link":"https:\/\/www.theusrus.de\/blog\/is-there-something-like-old-and-new-statistics\/","title":{"rendered":"Is there something like &#8220;old&#8221; and &#8220;new&#8221; statistics?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/www.theusRus.de\/Blog-files\/BigDataSpoiler.png\" alt=\"\" width=\"575\" height=\"120\" \/><\/p>\n<p>The blog post by <a href=\"http:\/\/www.datasciencecentral.com\/profile\/VincentGranville\">Vincent Granville<\/a>\u00a0&#8220;<a href=\"http:\/\/www.datasciencecentral.com\/profiles\/blogs\/data-science-without-statistics-is-possible-even-desirable\" target=\"_blank\">Data science without statistics is possible, even desirable<\/a>&#8221; starts talking about\u00a0&#8220;old statistics&#8221; and &#8220;new statistics&#8221;, which started some more <a href=\"https:\/\/www.linkedin.com\/groupItem?commentID=-1&amp;item=5948181794338668546&amp;type=member&amp;gid=3450130&amp;view=&amp;readyComment=true#lastComment\" target=\"_blank\">discussion<\/a> about how statistics and data science relate.<\/p>\n<p>Whereas I agree that there is something like &#8220;old&#8221; and &#8220;new&#8221; thinking of the role and the tools in statistics, I am less convinced that Data Science blesses us with many new techniques, which are generally more useful than what we use in statistics for quite a while.<\/p>\n<p>Anyway, I promise, I won&#8217;t pester you with more big data related posts (at least this year) and want to close with my favorite quote regarding big data by George Dyson<\/p>\n<p style=\"padding-left: 30px;\"><em>&#8220;Big data is what happened when the cost of storing information became less than the cost of\u00a0making the decision\u00a0to throw it away.&#8221;\u00a0<\/em><\/p>\n<p>Thus the &#8220;value&#8221; of this kind of data can be doubted, and it becomes quite clear, that\u00a0most companies<\/p>\n<ol>\n<li>probably don&#8217;t have the need for big data solutions<\/li>\n<li>will struggle to find a decent business case for big data<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The blog post by Vincent Granville\u00a0&#8220;Data science without statistics is possible, even desirable&#8221; starts talking about\u00a0&#8220;old statistics&#8221; and &#8220;new statistics&#8221;, which started some more discussion about how statistics and data science relate. Whereas I agree that there is something like &#8220;old&#8221; and &#8220;new&#8221; thinking of the role and the tools in statistics, I am less [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,1,4],"tags":[],"class_list":["post-1948","post","type-post","status-publish","format-standard","hentry","category-big-data","category-general","category-reference"],"_links":{"self":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts\/1948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/comments?post=1948"}],"version-history":[{"count":6,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts\/1948\/revisions"}],"predecessor-version":[{"id":1955,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts\/1948\/revisions\/1955"}],"wp:attachment":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/media?parent=1948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/categories?post=1948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/tags?post=1948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}