Posts tagged accuracy

Speed vs. Accuracy: When is Correlation Enough? When Do You Need Causation?

Medium, speed, accuracy, correlation, risk, causality, heuristics, uncertainty

Often, we need fast answers with limited resources. We have to make judgements in a world full of uncertainty. We can’t measure everything. We can’t run all the experiments we’d like. You may not have the resources to model a product or the impact of a decision. How do you find a balance between finding fast answers and finding correct answers? How do you minimize uncertainty with limited resources?

via https://medium.com/@akelleh/speed-vs-accuracy-when-is-correlation-enough-when-do-you-need-causation–708c8ca93753