Data Literacy, Innumeracy, Decision Making | Dave Coughlin

15/08/2024 1h 47min

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Episode Synopsis

On this episode of The Data Storytellers podcast, we explore the critical role of data literacy in organizations, diving into the concepts of innumeracy and its impact on decision-making. We emphasize the importance of effective communication, ethical considerations, and the practical application of data science principles to drive business success.Connect with us:• Website: https://thedatastorytellers.com/• LinkedIn: https://www.linkedin.com/company/the-data-storytellers• Spotify: https://open.spotify.com/show/2N0vZtHZHgod4Tll2LX2xa• YouTube: https://www.youtube.com/channel/UCz9e56lhYUfORiOHMiLlPmA• Apple Podcast: https://podcasts.apple.com/gb/podcast/the-data-storytellers-podcast/id1493766476Chapters:00:00 - Introduction to Laszlo and Dave05:45 - Discussion on the progress of learning and application of data concepts15:30 - The role of independent persuasion in data communication25:00 - The four stages of learning in data science35:10 - Importance of numeracy in data storytelling45:20 - Examples of innumeracy in everyday life57:45 - The gap between quantitative data and human cognition1:12:30 - Translating numbers into meaningful narratives1:30:15 - The concept of extreme ownership in data science1:40:50 - Training the brain for better decision-making

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