torture your data long enough, itll tell you anything

14
flickr - emiliano-iko Progress in Lean Startup means testing your vision.

Upload: salim-virani

Post on 29-Jan-2018

2.521 views

Category:

Business


0 download

TRANSCRIPT

Page 1: Torture your data long enough, itll tell you anything

flickr - emiliano-iko

Progress in Lean Startup means testing your vision.

Page 2: Torture your data long enough, itll tell you anything

2.bp.blogspot.com

Data is a tool. Like any other, it has appropriate and

inappropriate uses.

Page 3: Torture your data long enough, itll tell you anything

Torture your data long enough, and it’ll tell you

anything.

Page 5: Torture your data long enough, itll tell you anything

Is Manchester United causing global warming?

http://theconversation.edu.au/how-david-beckham-caused-global-warming-the-man-u-climate-model-4548

Page 6: Torture your data long enough, itll tell you anything
Page 7: Torture your data long enough, itll tell you anything

To avoid this trap, learn with falsifiable hypotheses.

Page 8: Torture your data long enough, itll tell you anything

If X then Y.

Not Y.Therefore not X.

Page 9: Torture your data long enough, itll tell you anything

And choose your test before you collect your data.

Page 10: Torture your data long enough, itll tell you anything

If this problem is really crucial, I’ll find 5 people spending money to solve it now.

Page 11: Torture your data long enough, itll tell you anything

flickr - thomasleuthard

But I didn’t find 5 people. So maybe it’s not so crucial.

Page 12: Torture your data long enough, itll tell you anything

If my service is useful, my early customers will still be active users after 2 months.

Page 13: Torture your data long enough, itll tell you anything

1.bp.blogspot.com

Most of my new users go silent in about 3 weeks.Maybe this isn’t useful enough yet.

Page 14: Torture your data long enough, itll tell you anything

flickr - jetuma

Time to get learning. What’s your falsifiable hypothesis?