Smart Data Collective

JULY 9, 2023

Understanding E-commerce Conversion Rates There are a number of metrics that data-driven e-commerce companies need to focus on. It is a crucial metric that provides priceless information about your website’s ability to transform visitors into paying customers. Some of the most important is conversion rates.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

Cloudera

APRIL 9, 2021

And this blog will focus on Predictive Analytics. Predictive Analytics – AI & machine learning. A/B testing). Since our goal is to optimize part production we’ve chosen the Gradient Boost Regression model that has shown best metrics (accuracy and AOC) for our particular ECC dataset. The ML Challenge.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

Occam's Razor

MARCH 23, 2021

Finally, few analytics teams obsess about predictive analytics in a way that allows them to dictate future action. This is very hard to do, we now have a proven seven-step experimentation process, with one of the coolest algorithms to pick matched-markets (normally the kiss of death of any large-scale geo experiment).

Analytics 131

Analytics Scorecard Strategy Testing 131

Occam's Razor

AUGUST 22, 2011

" ~ Excellent Analytics Tips Series: "What is the best possible advice advice you can give me?" " ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. Measuring Online Engagement: What Role Does Web Analytics Play? "Engagement" Web Analytics Data Sampling 411.

KPI 124

KPI Metrics Measurement ROI 124

Occam's Razor

NOVEMBER 13, 2009

Chapter 3 The Awesome World of Clickstream Analysis: Metrics. The second half shows exactly how to pick the best metrics for your org and, my absolute favorite (Page 64), how to diagnose the root cause of a metrics performance. Chapter 7 Failing Faster: Unleashing the Power of Testing and Experimentation.

Analytics 71

Analytics Metrics Measurement Testing 71

Occam's Razor

FEBRUARY 7, 2011

But each keyword gets "credit" for other metrics. The latter, except in rare cases, is hard to do predictive analytics on unless you are a stagnant business. If you have Web Analytics 2.0 please refer to the controlled experimentation section, page 205, in the book for more.

Analytics 94

Analytics Measurement Metrics Predictive Analytics 94

datapine

JANUARY 31, 2022

Everything is being tested, and then the campaigns that succeed get more money put into them, while the others aren’t repeated. Your Chance: Want to try a professional BI analytics software? This methodology of “test, look at the data, adjust” is at the heart and soul of business intelligence.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214