Using Simulated Experience to Make Sense of Big Data
As data analyses get more complex, how can companies best communicate results to ensure that decision makers have a proper grasp of the data's implications? Research has found that letting decision makers gain experience on the outcomes of different possible actions by interacting with simulations helps those executives make better decisions. Simulations narrow the often a large gap between what analysts want to share and what decision makers understand, and more clearly illustrate complex statistical information.