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David J. Hand, "Dark Data: Why What You Don't Know Matters" (Princeton UP, 2020)

New Books in Economics

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Exploring the Concept of Dark Data

The chapter features an interview with David J. Hand, discussing the importance of dark data - uncollected, misrecorded, or concealed data. They reflect on their journey from specializing in mathematical physics to becoming a statistician solving real-world problems, emphasizing the significance of considering the big picture in consultancy work. The chapter highlights the need for advanced statistical education to include modules on dark data, showcasing examples like the Challenger disaster to illustrate the impact of incomplete information on decision-making.

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