October 2012
Beginner to intermediate
1105 pages
29h 18m
English
Content preview from The Complete Guide to Business Analytics (Collection)Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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28Analysis of Competing Hypotheses
Short Description
Analysis of competing hypotheses (ACH) is a multi-variable, qualitative technique that aids judgment on important issues requiring careful weighing of alternative explanations or conclusions. ACH requires an analyst to explicitly identify all the reasonable alternatives in a particular situation and have them compete against each other for the analyst's favor, rather than evaluating their plausibility one at a time. This can help an analyst to combat bias and cognitive distortions that often reduce the quality of the analysis process or the outputs generated by it.
ACH is grounded in basic insights from cognitive psychology, decision analysis, and the scientific method. ACH provides an analytical ...
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.