Advocacy for probabilistic (stochastic) thinking by top tier management consulting firms is reaching a crescendo. The video below from PwC is an example.
Probabilistic reasoning (e.g., "corridor budgeting") is the future of enterprise risk modeling and analysis. Follow my related posts below for more.
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January
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- Big Data Means Big Testing
- A Pep Talk About Awesome...
- Advocacy for Probabilistic (Stochastic) Reasoning ...
- Growth of Students versus Administrative Staffing ...
- Life = Risk
- Good Data Does Not Guarantee Good Decisions
- Feed the Senses...
- More of Roberta Mancino
- Roberta Mancino is Not the Girl Next Door
- On Narrative and Fantasy
- Colin Powell: On Republicans
- US Employment to Population Ratio Remains Flat
- Well Said...
- Pyramid and Ponzi Schemes
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- New York City Public School Graduation Rates
- Happy New Year 2013
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