Main takeaways:
Data analysis does not remain passive in the world but shapes it in return
You won't be misled if you use data that is causal, not correlated
Be precise with what you want to measure
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12. Data analysis lifecycle
Problem Get the data
Prepare the
data
Analyze the
data
Evaluate the
result
Communicate
*simplified from Jeff Hammerbachermodel
14. PMs always start with the problem
1. Is that really a problem?
2. Is that tangible or perceptional
problem?
PMs always start with the problem
15. PMs always start with the problem
1. Is that really a problem?
2. Is that tangible or perceptional
problem?
3. How important is this problem?
4. Have I solved it?
PMs always start with the problem
23. Data analysis lifecycle
Problem Get the data
Prepare the
data
Analyze the
data
Evaluate the
result
Communicate
*simplified from Jeff Hammerbachermodel
24. The Cobra Effect
India during British rule
Goal: #venomous cobras in Delhi
Action: bounty for every dead cobra
Result: people breed cobras to get the
bounty, not decreasing the population.
39. Data analysis lifecycle
Problem Get the data
Prepare the
data
Analyze the
data
Evaluate the
result
Communicate
*simplified from Jeff Hammerbachermodel
43. S U M M A R Y
2.
1.
Find data rooted in reality
Start with the problem
4.
3.
Always do a sanity check
Data effects back, understand incentives
44. S U M M A R Y
2.
1.
Find data rooted in reality
Start with the problem
4.
3.
Always do a sanity check
Data effects back, understand incentives
Problem Get the data
Prepare the
data
Analyze the
data
Evaluate the
result
Communicate