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The Quantitative Decision-Making Assignment:
Discussion #1: Wrangling Big Data
For this week′s discussion, please watch the following two videos before writing your initial post listed below:
Tricia Wang – ″Thick Data″
https://www.ted.com/talks/tricia_wang_the_human_insights_missing_from_big_data?language＝en
Nate Silver – “Big Data” (Please watch the first 30 minutes)

*In your initial post, connect the specific arguments that Wang and Silver are making to what you have been learning about preparing data effectively for quantitative decision-making. Your post should address the following:
• Role of big data as a movement in business decision-making
• Impact of the speakers’ arguments on how you think about data
• How to use big data analysis effectively to make strategic decisions about the future (be as specific as possible)
Your post should not merely summarize the videos or textbook but instead, take a stance on the role of big data in quantitative decision-making and business planning.
Then pose a question for your peers at the end of your post.
This might be a question that occurred to you while watching the videos or as you have reflected on the impact of big data on business that you would still like to discuss further.
Your initial post should be around 500 words and reference the course materials and videos as evidence for your claims.
*Discussion assignments will be graded based on the following three critical elements:
• Timeliness and completeness: Responses are consistent throughout the semester. To ensure timeliness and completeness, you should i) post an original response to the discussion prompts by the due date (between 300 and 500 words), ii) provide your opinion and constructive feedback to at least two original posts by your peers to show active engagement in the discussion by the due date (when giving feedback, please prioritize the posts that received less than two feedbacks), and iii) respond to your peers who replied to your post as well, addressing their questions or suggestions as part of an ongoing discussion of the topic by the due date.
• Participation: Shows a high degree of engagement and interaction with others.
Critical thinking: Addresses the question completely and in-depth, points are made, and evidence supports arguments/rationale; shows a clear grasp of content and elaborates with explanation and relevant examples

 

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!

Step-by-Step Guide

Step 1: Understand the Assignment Prompt

• Watch Tricia Wang’s TED Talk on “Thick Data” and Nate Silver’s video on “Big Data.” Pay attention to their central arguments about how businesses use and interpret data.
• Reflect on the role of big data in decision-making and its connection to the course materials on quantitative analysis.

Step 2: Draft Your Initial Post

1. Introduction: Open with a statement about the significance of big data in modern business decision-making.
2. Role of Big Data: Explain how big data is transforming decision-making processes in business. Reference the ideas presented by Wang and Silver, emphasizing the movement’s importance.
3. Impact on Your Thinking: Describe how the talks have influenced your perspective on preparing and analyzing data for decisions. Mention specific examples or quotes from the videos.
4. Strategic Use of Big Data: Provide actionable insights on how businesses can leverage big data for future planning. Be specific—mention techniques like trend analysis, predictive modeling, or integrating thick data for context.
5. Question for Peers: Pose a thought-provoking question, such as: How do you think businesses can balance quantitative data with human insights (thick data) to make better decisions?

Step 3: Incorporate Evidence

• Reference Wang’s argument about the human context (“thick data”) being essential to understanding trends.
• Highlight Silver’s insights on the limitations of big data, such as overfitting or bias, and how proper preparation and skepticism can improve outcomes.

Step 4: Engage with Peers

• Respond thoughtfully to at least two classmates’ posts. Provide constructive feedback and examples.
• Address questions or suggestions posed by peers who reply to your post to foster a meaningful discussion.

Step 5: Review and Submit

• Ensure your post is between 300–500 words, is well-organized, and references the videos and course materials effectively.
• Proofread for clarity, grammar, and adherence to the assignment criteria before submitting.

By following this guide, you’ll create a well-rounded discussion post that meets the assignment requirements and engages your peers in meaningful dialogue.

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