Big Data: The Big Bad Wolf?

“Big Data” is a big buzzword. I bet that sentiment analysis of news coverage, blog posts and other social media sources would show a strong positive sentiment associated with Big Data. What exactly is big data depends on who you ask. Some people talk about lots of measurements (what I call “fat data”), others of huge numbers of records (“long data”), and some talk of both. How much is big? Again, depends who you ask. As a statistician who’s (luckily) strayed into data mining, I initially had the traditional knee-jerk reaction of “just get a good sample and get it … Continue reading Big Data: The Big Bad Wolf?