Synthetic data may lack the diversity and feature distribution of underlying “real” data and tends to exaggerate imperfections, resulting in lower-quality training set data over time.

Northwestern Engineering’s Jessica Hullman’s recent Scientific American article, “Confronting Unknowns: How to Interpret Uncertainty in Common Forms of Data Visualizations,” addresses the pros and ...

While Excel is renowned for its versatility in calculations and data visualization, it can also do the job just fine as a ...

Indeed Economist Jed Kolko’s slides on the pros and cons of new data sources, prepared for the National Association of Business Economists’ big annual meeting this week, is worth a read.