New opportunities for data analysis

“We’re rapidly entering a world where everything can be monitored and measured,” Erik Brynjolfsson, director of the MIT Center for Digital Business, said in an article in The New York Times.

The New York Times  reports this week on how the rapid growth of "digital data"  -- everything from public records in digital form to information generated from social network traffic  -- creates all kinds of new opportunities for statistical analysis -- and for statisticians.  "We're rapidly entering a world where everything can be monitored and measured," Erik Brynjolfsson, director of the MIT Center for Digital Business, told The New York Times.