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What do diamond ring shopping, Uber pricing psychology, and active user metrics gone wrong have in common? They all highlight our complicated relationship with precision versus accuracy—and how that relationship can either build or destroy trust in our data. Arik Friedman from Atlassian joins us to unpack why being "about right" often beats being "exactly wrong," and why your nagging feeling that something's off might be a useful insight in and of itself. From the discipline of documenting assumptions to the art of knowing when to round your numbers, we tackle the very human challenge of working with data that's supposed to be objective but rarely is. Plus, we explore Twyman's Law (if data looks too good to be true, it probably is) and why sometimes your intuition is your last line of defense against embarrassing mistakes.

For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.

3f:T407,Attend any conference for any topic and you will hear people saying after that the best and most informative discussions happened in the bar after the show. Read any business magazine and you will find an article saying something along the lines of "Business Analytics is the hottest job category out there, and there is a significant lack of people, process and best practice." In this case the conference was eMetrics, the bar was….multiple, and the attendees were Michael Helbling, Tim Wilson and Jim Cain (Co-Host Emeritus). After a few pints and a few hours of discussion about the cutting edge of digital analytics, they realized they might have something to contribute back to the community. This podcast is one of those contributions. Each episode is a closed topic and an open forum - the goal is for listeners to enjoy listening to Michael, Tim, and Moe share their thoughts and experiences and hopefully take away something to try at work the next day. We hope you enjoy listening to the Digital

#296: Avoiding Major Oopsies: Twyman's Law, Intuition, and Valuing Accuracy Over Precision