People believe more data is better.
But, Fewer data can be more effective.
Analyzing only the most relevant data can lead to more accurate responses.
Focus on high-quality data sources and avoid data overload.
https://lnkd.in/gXfWhrR6
Sometimes having less information can be better for making smart decisions. 🤔
It’s true!
Let me explain.
Imagine you’re playing a game with your friends, and you want to guess how many candies they’ll want to eat. If you ask a million questions, you might get confused, right?
But if you ask a few important questions, you’ll make a better guess! 🍬
Stores too want to know what customers like and how much they’ll buy.
Let’s say a toy store wants to order toys for the holiday season.
They could look at all the toys sold in the past 10 years, but it’s a lot of data! So, they focus on the best-selling toys from the last two years, which is the most important info.
Guess what?
By using only the most important data, the toy store can make smarter decisions about what toys to order.
They won’t waste money on toys that don’t sell well, and they’ll have enough of the popular ones for all the kids! 🎁
Keeping things simple.
Focus on the right data can help us make better choices and be super successful! 😄👍