As the world turns, a couple of things happen: 1) we grow and learn, and 2) the world changes. On this episode, inspired by a job interview question, the hosts walked through a range of thoughts and beliefs they had at one time that they no longer have today. Analytics intake forms are good…or bad? Analytics centers of excellence are the sign of a mature organization…or they're just one of many potential options? Privacy concerns are something no one really cares about…or they are something everyone cares deeply about? Voices were raised. Light profanity was employed. Laughter ensued.

This episode's Measurement Bite from show sponsor Recast is a brief explanation of statistical significance (and why shorthanding it is problematic…and why confidence intervals are often more practically useful in business than p-values) from Michael Kaminsky.

For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.

Does size matter? When it comes to datasets, the conventional wisdom seems to be a resounding, "Yes!" But what about small datasets? Small- and mid-sized businesses and nonprofits, especially, often have limited web traffic, small email lists, CRM systems that can comfortably operate under the free tier, and lead and order counts that don't lend themselves to "big data" descriptors. Even large enterprises have scenarios where some datasets easily fit into Google Sheets with limited scrolling required. Should this data be dismissed out of hand, or should it be treated as what it is: potentially useful? Joe Domaleski from Country Fried Creative works with a lot of businesses that are operating in the small data world, and he was so intrigued by the potential of putting data to use on behalf of his clients that he's mid-way through getting a Master's degree in Analytics from Georgia Tech! He wrote a really useful article about the ins and outs of small data, so we brought him on for a discussion on the topic!

This episode's Measurement Bite from show sponsor Recast is an explanation of synthetic controls and how they can be used as counterfactuals from Michael Kaminsky!

For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.

Data does not just magically spring into existence. Someone, somewhere, has to decide what data gets created and the rules for its creation. We would claim that this often starts as a pretty simple exercise, and then, over time, that simplicity balloons to be pretty complex! What if, for instance, you decided to listen to every #1 song on the Billboard Hot 100 going back to its inception in 1958? You may start by just capturing the song name, the artist, and the week(s) it was the #1 song. But, before you know it, you may find that you're adding in artist details…and songwriter details…and producer details…and genre details…and instrumentation details, and your dataset has 105 columns! But, oh, the questions that dataset could answer! And that's exactly the dataset that our guest for this episode, Chris Dalla Riva, created. He uses it (with a range of supplemental datasets) for his pieces in his Substack, Can't Get Much Higher, as well as the underlying raw material for his upcoming book, Uncharted Territory: What Numbers Tell Us about the Biggest Hit Songs and Ourselves. While the underlying material was music, the parallels to more staid business data were many when it comes to the underlying processes and challenges for doing that work!

This episode's Measurement Bite from show sponsor Recast is an explanation of the miracle of randomization when it comes to addressing unobserved confounders from Michael Kaminsky!

For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.