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DeltaMaster clicks!
November 2007
Trick of the month:
Locating distribution
differences with Comparator
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Comparing relative changes
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November 2007
Greetings, fellow data analysts!
At the beginning of the 19th century, David Ricardo set a milestone in classical economics with his theory on comparative advantage. In short, the core message of his theory simply says that each person should do what he or she does best. To explain his theory, Ricardo gave an example of two countries (England and Portugal) and two products (cloth and wine). He showed that if Portugal specialized in wine and
England specialized in cloth, then society as a whole – and not merely wine and fashion connoisseurs – would benefit in the process.
This implied division of labor is also relevant for analytical reporting. We humans have a key competitive advantage in interpreting, explaining and executing; technology, on the other hand, is better at differentiating the extraordinary from the ordinary among large volumes of data.
In this edition of clicks! we will introduce an algorithm in DeltaMaster that can do just that - the Comparator.
Best regards,
Your Bissantz & Company team
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