Analytics Magazine Analytics Magazine, March/April 2014 | Page 12

FO RUM Provocative questions for analytics to answer Gen Y/Echo boomers are accustomed to having easy access to information and are highly self-sufficient in understanding its utility. The next generation after them will not have any fear of analytics or looking toward an “expert” to do the math. BY GARY COKINS 12 | Consider what young people are learning in school today. They are taught mean, mode, range and probability theory in their freshman university statistics course. Today’s children have already learned some of this math in the third grade! They are taught these methods in a very practical way. If you have x dimes, y quarters and z nickels in your pocket, what is the chance of yo H[[