Do we know how to reason about that other information?
Certainly to an extent we would. If we looked in the data above and noticed a dramatic difference between African and Middle Eastern based terrorist data, we may want to add that variable to our model such that it considers (size, age, location). Data modelling techniques are generally useful. Random Decision Forests and that sort of thing. Humans are pretty good at generating hypothesis from sparse data because they have good 'common sense' understanding of the causality structure of the world.
I wouldn't claim that we'll have a particularly accurate resul...
From "Academics Doubt Impact of Osama bin Laden’s Death":
See also Lost Purposes, The Importance of Goodhart's Law, & Faster than Science.