Big Decisions Blog
The latest news and insights from the team at Hubbard Decision ResearchHDR Launches New Customizable COVID-19 Coronavirus Operational Risk Report
customizable coronavirus (covid-19) operational risk REPORTProviding daily, weekly, or Twice-weekly Probabilistic Forecasts tailored to inform your operational decisions for mitigating a rapidly-changing threat,Hubbard Research STAY AHEAD OF THE CORONAVIRUS CURVE:...
How to Measure Anything Book Sales Have Exceeded the 100,000 Mark
Over 12 years ago, on August 3, 2007, the first edition of How to Measure Anything was published. Since then, Doug Hubbard has written two more editions that now have sold over 100,000 copies in that series alone - copies purchased by customers ranging from...
Diamond Princess: A Data Science Solution To the COVID-19 Test Kit Shortage
Rarely does an opportunity present itself where statistics can so immediately and with so much impact solve a pressing real world problem. Shortly before publishing this post, we reached out and talked to the Japanese Ministry of Health and they indicated that they...
Watch Doug’s Talk at Cybersecurity Risk Seminar Hosted by Defense Acquisition University and NavalX
On February 5, 2020, Doug Hubbard participated in a panel about cybersecurity risk hosted by Defense Acquisition University and NavalX. You can watch him help acquisition professionals see cybersecurity in a whole new way in the video clip below. Learn how to...
The Total Number of Coronavirus-Infected Cruise Ship Passengers Will Be in the Hundreds
Update: A new batch of test results was released on 2/15/2020, bringing the total number so far to 355 confirmed infections. The cruise ship has another week left in quarantine, and officials expect more cases to come - in line with our estimates (see below). The...
The Diamond Princess Quarantine: Using a Beta Distribution to Predict Initial 2019 Coronavirus Infections
The Diamond Princess cruise ship is currently under quarantine while 271 passengers are being tested (as of 2/5/2020) for the 2019 novel coronavirus (2019 n-CoV). Concern about infection arose when a prior passenger from Hong Kong who was on board the ship from 1/20...
7 Simple Principles for Measuring Anything
If you want to make better decisions, using data to inform your decision-making is the way to go. Organizations largely understand this reality in principle, if not always in practice. But it's not enough to just gather data; you have to know how to use it, and...
Estimating the True Number of Infections of the 2019 Novel Coronavirus: Reasons for Potentially Massive Underreporting
There is good reason to believe that the number of the 2019 novel coronavirus- or 2019-nCoV - infections worldwide may be much greater than what has been reported so far. As of Tuesday, February 3, 2020, at 8:00am CST (UTC-6) the Johns Hopkins coronavirus tracking...
