Annual data alone may not be sufficient to make decisions on time-critical issues. Annual data provides a snapshot of a particular variable at a specific point in time, but it may not capture the dynamics and trends of that variable over time.
For time-critical issues, it's important to have access to more frequent data, such as monthly or even daily data. This type of data can provide a more detailed understanding of the issue and can help identify patterns and trends that may not be apparent from annual data alone.
Additionally, historical data can be useful for planning for future. By analyzing past trends and patterns, you can identify potential future scenarios and develop strategies to address them.
However, it's important to consider that the future is uncertain, and that even with the best data and analysis, there will always be some level of uncertainty.
In order to make the best decision possible, it's important to gather and analyze as much data as possible, and use it in conjunction with other relevant information, such as expert knowledge, industry trends, and stakeholder input.
Let's work together to make more data available on this open data platform #OpenDOSM
open.dosm.gov.my
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.