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Understanding Data: Why more data doesn't equal better decisions 🤔
Manage episode 366251768 series 3436057
Kandungan disediakan oleh Fabian Bartnick. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Fabian Bartnick atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Hey there! In this week's episode of the Voice of Revenue, I want to talk to you about the paradox of choice in data. You see, the industry is going crazy about data again, but more data doesn't always mean better decisions. The paradox of choice tells us that when we overload users with too much data, they tend to make suboptimal decisions. This is especially true if they're not experts in the field they're making decisions in. So, while data has its place, complexity doesn't have to be there every single time. Sometimes, it's just something that happened. In this video, I'll explain why more data doesn't always equal better decisions and how to avoid getting caught in the analysis paralysis or the paradox of choice. So, let's dive in!
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