HOW TO LIE WITH DATA : Part 2 featuring JIM CROMPTON

The Crude Audacity

HOW TO LIE WITH DATA : Part 2 featuring JIM CROMPTON

September 21, 2020

Continuing from Part 1! PART 2 of HOW TO LIE WITH DATA!!

Slides on YOUTUBE @TheCrudeAudacity

Do you lie with data? Do you know how to recognize when you are being lied to with data? Sure the buzz words sound fancy and the graphs and figures look official, but is it truthful?

If we have learned anything from 2020, it is that data is easily manipulated, filled-in, and plain out spun to get the rating and fit the agenda…. No more.

As a part of the Surtek Webinar Series and an episode on The Crude Audacity Podcast, Data Guru, Mr. Jim Crompton, sits down to help us better understand where data is falling short.

You don’t need to have 8 degrees and 30 years of experience to recognize when something doesn’t sound correct. Nor, do you need to be hyper intelligent to identify when details are being made-up. No, you simply need your brain and some common sense.

Across every industry… yes, even in Oil and Gas, we are asked to Exaggerate and Elaborate constantly. Here is the secret folks:

ALL MODELS ARE WRONG AND SOME ARE USEFUL

… if you don’t have the data and the answer doesn’t yet exist... don’t try and model the scenario… focus on building your dataset. See, everyone is a genius!

In this 2 Part Webinar, Jim Crompton addresses:

Storytelling with Data
The Overly Optimistic Approach
Dataset Complexity
Overreliance on Technology (Art of Interpretation)
What is Risk and Uncertainty
Context & Bias
Lies vs Exaggeration
Correlation and Causation
2020 Conspiracy Theories (COVID 19)
Algorithms Behaving Badly

And

Misuse of Visuals

I want you to love energy as much as I do!

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DON’T FORGET TO RATE + SUBSCRIBE!

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Connect with Today’s Oilfield Influencer:

Jim Crompton

https://www.linkedin.com/in/jim-crompton-a206466/

The Professor

https://petroleum.mines.edu/project/crompton-jim/

Digital Canterbury Tales by Jim Crompton

https://www.amazon.com/Digital-Canterbury-Tales-Mr-Crompton/dp/B08H5D3CSW/ref=sr_1_6?dchild=1&keywords=The+Digital+Canterbury+Tales&qid=1599252340&sr=8-6

This link to the Petroleum Data Analytics Graduate Certificate course should help. https://online.mines.edu/pda/

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Surtek

Leaders in Enhanced Oil Recovery since 1978

www.surtek.com

Surtek delivers unique and innovative solutions for any reservoir. Capabilities include, but are not limited to, Fluid-Fluid Analysis, Radial Core Flooding, Linear Flooding, Advanced Reservoir Characterization, Advanced Nodal Analysis, Continued Monitoring Expertise, and EOR/IOR Education & Training.

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The Crude Audacity

HOW TO LIE WITH DATA : Part 2 featuring JIM CROMPTON

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