“It is going to take quants to deliver the real promises of Big Data. An understanding of statistics is necessary to access how to analyze Big Data and to properly lead and organize the analytics resources handling it. As Deming said, ‘The nonstatistician cannot always recognize a statistical problem when he sees one.’ We should expect depictions of Big Data, which are void of an understanding of statistics. Even if we can ‘get by’ without addressing statistical errors or reducing the data, we still need statistical thinking, statistical assumptions, and statistical techniques. We need to combine our knowledge about the business problem with a mastery of techniques from all three tool boxes.” Randy Bartlett ( 18.03.2015 )