Occam's Razor

OCTOBER 14, 2014

[See step four in the process for creating your Digital Marketing and Measurement Model.]. should be 1,356,000), you've set a clear line in the sand as to what performance will be declared a success or a failure at the end of the measurement time period. If you have set the targets for your KPIs up front (Unique Visitors for Sept.

Key Performance Indicator 133

Key Performance Indicator Metrics Reporting Marketing 133

Domino Data Lab

OCTOBER 7, 2020

The Curse of Dimensionality , or Large P, Small N, ((P >> N)) , problem applies to the latter case of lots of variables measured on a relatively few number of samples. This approach provides an automatic and objective strategy for decision making under defined assumptions about the data. Data Has Properties.

Statistics 145

Statistics Testing Predictive Modeling Modeling 145

Alation

SEPTEMBER 28, 2022

DataOps as a term was brought to media attention by Lenny Liebmannin 2014, then popularized by several other thought leaders. DataOps strategies share these common elements: Collaboration among data professionals and business stakeholders. Monitoring and reporting of processes. Source: Google Trends. Value working analytics.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

Occam's Razor

APRIL 4, 2016

A 2014 AOL report and an online survey with n=600. Your first skepticism flag should be: The title of the article says IQ, do PISA scores measure IQ? If you were 80% certain about the data, you could recommend that they shift the strategy with the International Space Station to start sending short visits to the moon.

Marketing 93

Marketing Strategy Analytics Reporting 93

Occam's Razor

SEPTEMBER 15, 2014

Nothing I can tell you about the importance of having an incredible mobile strategy will surprise you. In blue is how much time we spent in 2010 and in blue the time spent in 2014. was the dramatic shift between 2010 to 2014 to mobile content consumption. Create a distinct mobile website and mobile app measurement strategies.

Metrics 141

Metrics Reporting Analytics Marketing 141

Domino Data Lab

APRIL 3, 2019

Not that I’m implying anything about current economic conditions vis-a-vis the timing of this report… #justsayin. Given those two, plus SQL gaining eminence as a database strategy, a decidedly relational picture coalesced throughout the decade. Andrew Ng later described this strategy as the “Virtuous Cycle of AI” – a.k.a.

Data Governance 84

Data Governance Machine Learning Metadata Big Data 84

Occam's Razor

MARCH 10, 2015

Universal Analytics: T3: Measurement Protocol! No standard reports you can just go grab once you update your site code to analytics.js. Because you can do anything with the platform's features, how does one show specific reports/possibilities? Measurement Protocol – all your data are belong to us! They are: 1.

Strategy 151

Strategy Analytics Measurement Business Analysis 151

The Unofficial Google Data Science Blog

APRIL 17, 2017

First, the system may not be understood, and even if it was understood it may be extremely difficult to measure the relationships that are assumed to govern its behavior. For this simple vignette, we might regard $X_1$ and $X_2$ as errors from a measuring scale and note that $X_2$ is not as precise an instrument as $X_1$. OTexts, 2014.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

The Unofficial Google Data Science Blog

APRIL 23, 2024

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

datapine

FEBRUARY 23, 2023

Charts And Graphs Categories As mentioned, asking the right questions will form the foundations for choosing the right types of visualization graphs for your project, strategy, or business goals. It also becomes difficult to label the pie chart, and valuable online dashboard /reporting real estate is often wasted in the process.

Visualization 177

Visualization Dashboards Sales Measurement 177

datapine

MAY 2, 2019

As mentioned, asking the right questions will form the foundations of choosing the right types of visualization charts for your project, strategy, or business goals. In our example above, we are showing Sales by Payment Method for all of 2014. With a table, you can display a large number of precise measures and dimensions.

Visualization 173

Visualization Dashboards Sales KPI 173

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. 6) Smart and faster reporting. Consumers have grown more and more immune to ads that aren’t targeted directly at them. The results?

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smarten

MARCH 5, 2023

Gartner research states that, ‘…data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’ ‘If So, your team member might ask, ‘Who sold the most bakery items in the Southwest in 2014?’

Analytics 52

Analytics Interactive Data-driven Data Science 52

Alation

NOVEMBER 9, 2021

Because the lack of a robust data culture can derail your entire data strategy. 81 percent of respondents consider data to be an asset and 50% report data has improved decision making. We see data culture as part of the corporate culture,” write Nina Lorenz and Carsten Bange in the report introduction. What is Data Culture?

Data-driven 52

Data-driven Cost-Benefit Reporting Data Governance 52

Occam's Razor

FEBRUARY 9, 2015

When you are done reading the post, you'll be super mad that your marketing strategy is not more influenced by your competitor's data! Social Strategy Effectiveness. Their listening posts simply can't accommodate for the low signal in all the noise, no matter how many of the eight CI data collection strategies they use.

Metrics 155

Metrics Reporting IT Advertising 155

Cloudera

DECEMBER 11, 2017

And, while measuring the global progress on human rights is still a work in progress, assessments at the country level confirm what we see daily on the news. The strategies to reduce the space for civil society affect the entire scope of an organization’s operational and programmatic activities. Opening civic space, globally.

Strategy 40

Strategy Data-driven Reporting Data Processing 40

Occam's Razor

NOVEMBER 2, 2015

" The second question was never answered either, but because all businesses know is how to pimp that became their default strategy. if yes, what should your content (and marketing) strategy be. I believe the best way to measure success is to measure the above four metrics (actual interaction/action/outcome).

B2B 167

B2B Metrics Testing Recreation/Entertainment 167

Andrew White

MARCH 22, 2019

I have blogged before (see this from 2014: A Day in the Life of an Analyst” at Gartner’s IT/Expo Symposium – Day 3 ) about the hot topics I discussed with attendees at our Symposia and data and analytics conferences. Strategy is Learning By Doing. It is hard to explain and express and measure that contribution.

Analytics 68

Analytics Metadata Data Governance Management 68