In its simplest form, Occam’s Razor states that one should make no more assumptions than needed. Put into everyday language, it says
Given two equally predictive theories, choose the simpler.
I had a recent experience with this principle. My co-worker came up to me and told me that we were seeing a big drop in terms of user sign-up for my company’s web business.
Obviously, there are many things we could contribute that too. Holiday season, weekend factor, you name it. Until I found out there was a bug fix release for a totally seperate business unit. While making all the assumptions about external factors, we should first look into our own closet.
My two cents for Occam’s Razor: Most problems are from internal.
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