Remove 2009 Remove Data Collection Remove Marketing Remove Uncertainty
article thumbnail

The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. Experiments come in all shapes and sizes: A marketing campaign. If you have no data , then you can try almost anything. Try to understand your market.

Metrics 156
article thumbnail

Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

With the rise of advanced technology and globalized operations, statistical analyses grant businesses an insight into solving the extreme uncertainties of the market. Statistical studies can also assist in the marketing of goods or services, and in understanding each target market’s unique value drivers.