In modern research, especially since the advent of the computer, much research i
ID: 3374409 • Letter: I
Question
In modern research, especially since the advent of the computer, much research is based on models. That is, a researcher gathers a bunch of information and, using that information, develops a model that she believes reflects the reality she is studying. Obamacare predictions by the Obama administration were based entirely on models. Most climate change predictions are based on models. Business outcomes are often predicated on models. In fact, they are ubiquitous but do they accurate reflect reality?Then you have a group of researcher who want data, just data, and nothing but the data. They view models with suspicion and skepticism. The problem is that, when there is a huge amount of data, it is difficult to digest, analyze, and understand.
Of course, most researchers use a combination of both but some rely more on models and others rely more on data. (Personal note: I am more of a data sort of guy but I do use models when necessasry.)
Give your take on the model vs data idea. In modern research, especially since the advent of the computer, much research is based on models. That is, a researcher gathers a bunch of information and, using that information, develops a model that she believes reflects the reality she is studying. Obamacare predictions by the Obama administration were based entirely on models. Most climate change predictions are based on models. Business outcomes are often predicated on models. In fact, they are ubiquitous but do they accurate reflect reality?
Then you have a group of researcher who want data, just data, and nothing but the data. They view models with suspicion and skepticism. The problem is that, when there is a huge amount of data, it is difficult to digest, analyze, and understand.
Of course, most researchers use a combination of both but some rely more on models and others rely more on data. (Personal note: I am more of a data sort of guy but I do use models when necessasry.)
Give your take on the model vs data idea. In modern research, especially since the advent of the computer, much research is based on models. That is, a researcher gathers a bunch of information and, using that information, develops a model that she believes reflects the reality she is studying. Obamacare predictions by the Obama administration were based entirely on models. Most climate change predictions are based on models. Business outcomes are often predicated on models. In fact, they are ubiquitous but do they accurate reflect reality?
Then you have a group of researcher who want data, just data, and nothing but the data. They view models with suspicion and skepticism. The problem is that, when there is a huge amount of data, it is difficult to digest, analyze, and understand.
Of course, most researchers use a combination of both but some rely more on models and others rely more on data. (Personal note: I am more of a data sort of guy but I do use models when necessasry.)
Give your take on the model vs data idea.
Explanation / Answer
Ofcourse results obtained from data are more reliable because raw data is used for analysis and further actions are taken on the basis of that so there is no loss of information but when we use models, we need to make some assumptions which results in some loss of raw information which directly affects the result, sometimes we alter the data to draw conclusions, and we only consider sample characteristics in modeling to comment on the population characteristics which results in biasedness. Models can also provide wrong conclusions if they are not appropriately applied and in many cases finding the best model is a tedious task. On the other hand, data provides the accurate measures and full information, and it is easy to understand data as compared with Models.
Hence, I would rely more on data.
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