Results 1 to 4 of 4
  1. #1
    unpakwon is offline Senior Member
    • Member Info
      • Member Type:
      • Student or Learner
      • Native Language:
      • Korean
      • Home Country:
      • South Korea
      • Current Location:
      • South Korea
    Join Date
    Jun 2007
    Posts
    1,272

    being right 51% of the time

    Please help me understand the following in bold.

    Emotions provide us with the extra data points that we need to make better decisions. They give us an intuitive or gut sense of what we need to do next. In a world where being right 51 percent of the time is often enough to make the difference, those extra data points may be just what it takes for us to be successful.

    I interpreted "data points" as meaning just "data". Is there a big difference between data and data point?

    Thank you.

  2. #2
    BobK's Avatar
    BobK is offline Harmless drudge
    • Member Info
      • Member Type:
      • English Teacher
      • Native Language:
      • English
      • Home Country:
      • UK
      • Current Location:
      • UK
    Join Date
    Jul 2006
    Posts
    15,916

    Re: being right 51% of the time

    Quote Originally Posted by unpakwon View Post
    Please help me understand the following in bold.

    Emotions provide us with the extra data points that we need to make better decisions. They give us an intuitive or gut sense of what we need to do next. In a world where being right 51 percent of the time is often enough to make the difference, those extra data points may be just what it takes for us to be successful.

    I interpreted "data points" as meaning just "data". Is there a big difference between data and data point?

    Thank you.
    On your last point - not really. It's just management jargon. (A distinction could be made between the actual data and the way/fact of its being recorded - in MBA classes they make a big distinction between 'data' and 'information"), but I think a lot of users just don't care. 'Data points' is one of those words like "window" or "in the FY '08 time-frame" or 'in the <class of things> space" - just thrown in to business talk to make the speaker sound more important.)

    'Being right 51% of the time' probably just means 'being only very slightly better than the competition'. But "51%" is a very specific number, which may in some contexts (though not, I'd guess, here) refer to the way women outnumber men.

    b

  3. #3
    susiedqq is offline Key Member
    • Member Info
      • Member Type:
      • Academic
      • Native Language:
      • English
      • Home Country:
      • United States
      • Current Location:
      • United States
    Join Date
    Jan 2008
    Posts
    2,931

    Re: being right 51% of the time

    Emotions provide us with the extra data points that we need to make better decisions. They give us an intuitive or gut sense of what we need to do next. In a world where being right 51 percent of the time is often enough to make the difference, those extra data points may be just what it takes for us to be successful.


    I think that the word "data" is just used as an adjective for "points" and means information or influence factors when determining how to make a decision. These sentences say that when making a close decision (even when it's a close call ) emotions of intuition or gut sense can often be helpful, leading to success. "Trust your gut feeling" is another way to say this.

  4. #4
    unpakwon is offline Senior Member
    • Member Info
      • Member Type:
      • Student or Learner
      • Native Language:
      • Korean
      • Home Country:
      • South Korea
      • Current Location:
      • South Korea
    Join Date
    Jun 2007
    Posts
    1,272

    Re: being right 51% of the time

    I see.

    Thank you all for the help.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •