As our tables get more numerous, our data gets bigger and our models have more features to encapsulate, we are looking for improvements to organize, contain and model. With the release of JMP 14, there are new ways to do all this.
Projections and Encapsulations
John Sall, Co-Founder and Executive Vice President, SAS
Risk Literacy: The Cement of Society
Gerd Gigerenzer, Director, Harding Center for Risk Literacy, Max Planck Institute for Human Development
We invest billions in technological progress, but little in helping citizens understand the technology. The result is collective risk illiteracy: People fear what’s unlikely to kill them and can be maneuvered into willingly relinquishing part of their individual freedom. Can the general public learn to deal with risk and uncertainty, or should authorities steer people’s choices in the right direction? Some argue that because people are hardly educable, governmental experts who know what is best for us need to step in and steer our behavior with the help of “nudges.” Yet experts themselves often lack risk literacy: Many judges, doctors, journalists and politicians alike do not understand statistical evidence and can be fooled into wrong conclusions without noticing. I argue that in the 21st century, we need not less but more paternalism and to take serious efforts to make the general public risk literate.
The Cost of Certitude
Bradley Jones, JMP Distinguished Research Fellow, SAS
Resistance is a natural, and often immediate, response to a new idea. It is tempting then, to relabel new as bad. To embrace new thinking requires us to change, and change is hard. It is easier to remain in the comfort zone of what we think we "know.” Doing this imposes the cost of certitude. Stories of critics mistaking masterpieces for rubbish and instances of my own resistance to new ideas illustrate this cost.
- Beginner: 1
- Intermediate: 2
- Advanced: 3
- Power user: 4