najmiariffin Profile picture
Jan 14, 2023 6 tweets 2 min read Read on X
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

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More from @najmi_ariffin

May 4, 2023
The overnight policy rate (OPR) is the interest rate at which banks lend to each other, set by BNM. The OPR has an impact on the country's employment, economic growth, and inflation. It is an indicator of the overall economic health and banking system of the country. Image
BNM surprised the market by raising the OPR by 25 basis points to 3% on May 3, 2023. This is the first hike since November 2022 and the second one this year. "Timely to further normalise the degree of monetary accommodation" as the domestic growth prospects remain resilient
The OPR hike reflects BNM's struggle to tame inflation, which has persisted above historical averages due to elevated cost pressures and higher interest rates. Some economists have warned that the higher OPR could dampen consumer & biz confidence and affect the economic recovery
Read 5 tweets
Feb 15, 2023
URL sharing is essential for online platforms and applications. It allows users to access specific resources on the internet, such as web pages, images, videos, files, and more. #APIs make sharing URLs even more seamless, like those offered by OpenDOSM
With URL sharing APIs, developers can provide users with a more streamlined experience, allowing them to share URLs and other data without leaving the application. This can drive more traffic to the platform and increase user engagement. #OpenData #API
A URL sharing API can improve the overall user experience, making it easier for users to quickly and easily share URLs and other data. This is especially useful for social media platforms and applications that rely heavily on user-generated content. #OpenDataAPI
Read 6 tweets
Feb 14, 2023
Data driven community empowerment is possible with community-based monitoring systems! #CBMS #communityempowerment #datadriven
It's easier than ever for communities to collect and analyze data in order to improve service delivery. #communityengagement #datacollection #policydecisions
From health and education to employment and housing, community-based monitoring systems provide valuable information on a range of socio-economic indicators. #socioeconomicindicators #communitydatabase #dataanalysis
Read 5 tweets
Feb 12, 2023
Making real-time public transportation information public, free, and usable is necessary to address the inconvenience, uncertainty, and other costs associated with public transportation, and it could lead to better solutions for commuters.
Real-time public transportation data could be provided through transport agencies @MOTMalaysia, private data firms or transport corporations, or public or community initiatives funded by donations.
If affordable, reliable public transport is a public good funded by taxpayers, then public transport data should be made public and free.
Read 6 tweets
Feb 3, 2023
Could it be potential opendata resources - unofficial data for weather? @metmalaysia @StatsMalaysia #openDOSM ImageImage
Daily data start to from 1959-01-01.
Hourly data start to from 2022-06-08.

That good enough to get the trend.. Image
mapping with wmocode..tadaaa...

checkout today data: Image
Read 4 tweets
Feb 1, 2023
Dive in to terminology:
Preparedness vs Practise.

Preparedness equips us with the skills and resources to tackle data science challenges, while practice hones our abilities and helps us stay at the forefront of the constantly evolving field.
Preparedness refers to being ready or equipped for a certainsituation, task or event. In the context of data science, preparedness means having the necessary skills, knowledge, and resources to tackle a data science project or problem effectively.
This includes having a good understanding of relevant programming languages, data analysis techniques, and machine learning algorithms, as well as access to powerful computing resources.
Read 6 tweets

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