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.

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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.

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