My thoughts on (sales) forecasting and predictive models

I need to have a data-dump on the sales forecasting process and forecasts. On optimistic and pessimistic forecasting: When forecasts are (consistently) too low: well-known issue that even has a name: sandbagging. You forecast lower to temper expectations. When you do get better results than the forecast you look like a hero. When forecasts are... Continue Reading →

Programming in Python

Did I mention that I am learning (and have learned) to program in Python at Codeacademy and am loving it? (Unbiased plug: if you want to learn to program, doesn't have to be Python, try Codeacademy!) Sometimes I think that I'm such a nerd: reading programming books in the train; programming for fun at night;... Continue Reading →

How I became an analyst

I just approved a comment on one of my earlier posts, a post about my possible foray into sales. A post that, as I re-read it, brought back plenty of memories. A post that reminded me how my career as it stands now, that of data science and analytics, is quite different from what I had once... Continue Reading →

The Teacher Being Surpassed by the Student

I was in class on Saturday thinking about how nice it would be if an article of mine on edonn.com was used as a piece of "teaching material" - i.e. quoted in class, or perhaps in the lecture notes. It was then that a recollection of "some saying" hit me, something about the aim of... Continue Reading →

The Difference Between Amateurs and Professionals…

...is that amateurs practice till they get it right, but professionals practice till they can't get it wrong. I love that quote. Reminds me of how I push myself to obtain my IPPT golds. In the months leading up to it, I'd train like I was training for the Olympics. During the test days itself,... Continue Reading →

Making Measurement Count

There's a saying I've heard many times that goes something like this: what gets measured gets done. And though I completely agree with that saying, I think it misses a crucial point: that before measuring anything, we have to make sure that what's getting done is what you want to get done. After the army... Continue Reading →

On Public Speaking

Yesterday, I gave a presentation for a group assignment in my Master's class. It was exhilarating and a whole lot of fun, despite (or perhaps because) of the fact that we had overrun our stipulated time and I had to go really quick, determining what could be skipped and what could not on the fly.... Continue Reading →

KFC and the Representative Survey

I had KFC (Kentucky Fried Chicken) for breakfast yesterday. Chicken rice porridge and a "breakfast" wrap (that oddly enough didn't seem to contain any chicken). It was decent, and I liked it. So when I was quite excited when I saw that the receipt had a link to an online customer satisfaction survey, for which... Continue Reading →

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