Trends don’t need perfect data

Trends don't need perfect data

When it comes to analyzing data trends (changes in data over time), it's important to keep in mind that the data does not have to be perfect (data never is!) in order for it to be useful.

In a conversation with a client recently, the client pointed out that their membership dashboard over several years is not 100% accurate, and therefore can't be trusted. They explained that some of the data for certain years was inaccurate (sometimes as much as only 95% accurate). And thus they didn't think the trending data was useful.

But here's the thing: the point of trending data is to see trends. Is membership growing? It is flat? Is it shrinking? Unless you're dealing with really small data sets (e.g., 50 members), a few percentage points off perfect is unlikely to affect the overall trends.

As the old saying goes, don't let perfect be the enemy of good. If you're trying to detect trends, "close enough" is very likely to get you the information you need to act.

Wes's Wednesday Wisdom Archives

No System is Perfect

July 7, 2020

No System is Perfect While it may sound trite, it bears repeating that no data management […]

Data Accretes

July 1, 2020

Data Accretes One of my very first jobs in the association world was managing the production […]

Don’t be so lazy…

June 24, 2020

Don’t be so lazy… One of the things that attracted me to the software world […]

Don’t try to do everything at go-live

June 17, 2020

Don’t Try to do Everything at Go-live When implementing a new AMS, there is a […]

Make sure your system has broad support

June 10, 2020

Make sure your system has broad support An AMS vendor pointed out to me recently […]

You have to have the right people in place

June 10, 2020

You have to have the right people in place This may seem obvious, but I’ll […]

Ask “What” not “Why”

June 3, 2020

Ask “What” not “Why” As a consultant, one of my favorite questions to ask my […]

Engagement is measured by the customer

May 27, 2020

Engagement is Measured by the Customer I’ve written a bunch about measuring engagement in the past. (Click […]

Yes, you do have a process for that

May 13, 2020

Yes, you do have a process for that When I work with clients on pretty […]

“Correct your mistakes before they become your habits”

May 6, 2020

“Correct your mistakes before they become your habits” Yet another great quote from James Clear: “Correct […]

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top