Data Science 101

JANUARY 15, 2020

Some pitfalls of this type of experimentation include: Suppose an experiment is performed to observe the relationship between the snack habit of a person while watching TV. We divide participants into two groups- one group given a snack and TV and another group given no TV, just magazines and snacks. They are being secretly observed.

Experimentation 96

Experimentation Statistics Measurement Testing 96

Occam's Razor

SEPTEMBER 19, 2011

This: You understand all the environmental variables currently in play, you carefully choose more than one group of "like type" subjects, you expose them to a different mix of media, measure differences in outcomes, prove / disprove your hypothesis (DO FACEBOOK NOW!!!), Measuring Incrementality: Controlled Experiments to the Rescue!

Measurement 119

Measurement Advertising Testing Marketing 119

Occam's Razor

JANUARY 9, 2012

Most companies are astonishingly blasé about data and possibilities of measurement. " Sad, unimaginative measurements of their sad, unimaginative campaigns. How good can it possibly feel to do unimaginative things that barely even worked on TV/radio/magazines/catalogs? One of my biggest learnings?

Marketing 140

Marketing B2B Measurement Risk 140