This interesting article argues that with the massive amounts of pure data emerging now via Google like data centers on everything from real estate patterns, to astrophysics and drug discovery, the scientific method of hypothesis testing is no longer needed. Instead what is becoming important is a participant observer approach of simply observing patterns in massive numbers of activities in real time then then visualizing the trends.
Related articles
- Using the Scientific Method on Wall Street (optionsanimal.com)
- The Data Scientific Method (datascience101.wordpress.com)
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