Quantitative Data
topic on 2 shows · 3 statements across 3 episodes
3 statements about Quantitative Data, every show
Narayanan: Quantitative data alone cannot validate most product hypotheses
“You can't do it through just data. You need to do it through essentially user experience research.”
Heather O'Neal: Quantitative Data Is as Subjective as Qualitative Data
“Numbers are subjective because we give them meaning. Six million is always six million. That's why numbers are objective, because the quantity doesn't change. But what we believe about it, and the decisions we make because of it, that's the thing that changed,…”
Relying Exclusively on Quantitative Data Leads to Local Maxima
“Going only in data is a great way to optimize to a local maximum. It's a great way to not see around a corner. I think this is true of investing as well. It's a great way to ignore the future. It's a great way to ignore what's actually happening.”