8 October 2012

Judgment Calls in Statistics and O.R.

The one-armed operations researcher My mentor, Hans Daellenbach told me a story about a client asking for a one-armed Operations Researcher. The client was sick of getting answers that went, “On the one hand, the best decision would be to proceed, but on the other hand…” People like the correct answer. They like certainty. They like to know they got it right. I tease my husband that he has to find the best picnic spot or the best parking place, which involves us driving around considerably longer than I (or the children) were happy with. To be fair, we do […]