Data Literacy, Innumeracy, Decision Making | Dave Coughlin

On this episode of The Data Storytellers podcast, we explore the critical role of data literacy in organizations, diving into the concepts of innumeracy and its impact on decision-making. We emphasize the importance of effective communication, ethical considerations, and the practical application of data science principles to drive business success.

Connect with us:

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Chapters:

00:00 - Introduction to Laszlo and Dave

05:45 - Discussion on the progress of learning and application of data concepts

15:30 - The role of independent persuasion in data communication

25:00 - The four stages of learning in data science

35:10 - Importance of numeracy in data storytelling

45:20 - Examples of innumeracy in everyday life

57:45 - The gap between quantitative data and human cognition

1:12:30 - Translating numbers into meaningful narratives

1:30:15 - The concept of extreme ownership in data science

1:40:50 - Training the brain for better decision-making