Follow Slashdot stories on Twitter


Forgot your password?
Back for a limited time - Get 15% off sitewide on Slashdot Deals with coupon code "BLACKFRIDAY" (some exclusions apply)". ×

Submission + - Bad data led to BP Oil Spill & Financial Meltd (

mattwarden writes: Flying blind when making decisions without supporting data is bad enough, but even worse is believing your data is giving you insight into a process or situation when it isn't. "I'd rather be blind than misled."

Greater risk may result when an entity improperly interprets its data, or believes its data can answer questions that it can't answer. In fact, bad or misunderstood data contributed to both the current BP oil spill crisis and the bank meltdowns of 2008-09.

The hardest part of climbing the ladder of success is getting through the crowd at the bottom.