Data Anomaly Hunting

A framework for finding meaningful insights in data by looking for unexpected patterns or anomalies that spark curiosity, as shared through an example from Uber.

Core Concept

  • Don't always analyze data with a specific answer in mind
  • Look for things that make you go "that's weird" or seem counterintuitive
  • Search for data points that don't follow expected trends

Example: Uber Ride Analysis

  • Key anomaly discovered:
    • 60%+ of rides were single passengers
    • 60%+ of trips were less than 3 miles
    • Most rides used 4-6 passenger vehicles
  • The "weird" insight:
    • Using large multi-passenger vehicles for predominantly single-passenger, short trips seemed inefficient
    • Led to business opportunity: developing smaller, single-passenger vehicles optimized for short urban trips

Application Method

  • Browse data openly without specific queries in mind
  • Look for patterns that seem misaligned or surprising
  • When something stands out, dig deeper to understand why
  • Use these insights to identify potential business opportunities or areas for optimization

Key Takeaway

  • Sometimes the most valuable insights come from finding what doesn't make sense, rather than confirming what you expect to see
  • Data anomalies can reveal untapped business opportunities or inefficiencies in current systems
05:03 - 07:11
Full video: 59:05
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

WebsiteTwitter
Host
Restaurateur
E-commerce