When is information noise?

Eight out of eleven. Good odds?

Of the eleven years in which a horse has won the Triple Crown, the stock market has gone down in eight. Is this coincidence or unconnected noise? Do you bet on it?

“Triple Crown a Bad Bet for Dow,” Wall Street Journal, May 21, 2014 C4 http://on.wsj.com/1kr0WIE

How do you connect information to decisions? Is that part of governance?

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Filed under Data quality, Information, Value

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