Ngoc-Tran Tran

In my opinion, “Ask why” is the most important principle. As we have learnt in class, data should be actionable, or in other words, data should guide actions. If we do not know the underlying reason behind the cause of an event, we cannot act to prevent it and data will no longer be important. Besides, if we do not thoroughly understand the reason…[Read more]

The thing that took me away in Maurice’s talk is the fact that QVC looks at its data every minute, finds out how they work in that one minute, and change immediately, if there is something wrong. Usually, in most traditional companies, data will not be available until the end of a day, week, or month. If something is causing losses during the…[Read more]

http://fivethirtyeight.com/features/billion-dollar-powerball-lottery/
I find this article interesting because it talks about the chance of winning the lottery. I myself do not believe in the chance of winning the lottery (maybe because I major in Actuarial Science). However, I am fascinated by how people still spend money on lottery despite all…[Read more]

An example of a conventional wisdom that I often hear is, “The early bird gets the worm”. Many people believe that a morning person is more likely to be productive and successful, as an early bird tends to be energetic and proactive during the day while a night owl always feels sleepy. However, night owls can also get their worms. Science has…[Read more]