Volcanoes, Airplanes and Quantifying Risk

On April 19th, 2010, IATA, the chief trade group representing airlines, issued a press release which states in part: “IATA criticized Europe’s unique methodology of closing airspace based on theoretical modeling of the ash cloud. ‘This means that governments have not taken their responsibility to make clear decisions based on facts …’ said [Giovanni] Bisignani […]

Don’t be Fooled by Poor Analytics

Today’s shrinking resources may tempt us into rushing things along, yet we need to be careful when relying on graphics to make decisions.  Good graphics make their point more quickly than a wall of text.  On the other hand, poor graphics easily create the wrong impression.  Distinguishing between the two is not as easy as […]