Occam's Razor

APRIL 8, 2013

Remember that the raw number is not the only important part, we would also measure statistical significance. Circle of Friends was a social community built atop Facebook that launched in 2007. The result? The properties with professional photography had 2-3 times the number of bookings! The graph is impressive, right?

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

Occam's Razor

FEBRUARY 6, 2018

KPI : A key performance indicator (KPI) is a metric most closely tied to overall business success. Focus your dashboards only on the KPIs where performance for that time period is three standard deviations away from the mean. A small statistics detour. Focus only on KPIs, eliminate metrics. As is Impressions.

Strategy 266

Strategy Metrics KPI Dashboards 266

Occam's Razor

AUGUST 22, 2011

The Awesome Power of Visualization 2 -> Death and Taxes 2007. Tip #9: Leverage Statistical Control Limits. Tip#1: Statistical Significance. Six Web Metrics / Key Performance Indicators To Die For. Web Analytics Career Advice: Statistics, Business, IT & Mushrooms. Web Analytics Demystified.

KPI 125

KPI Metrics Measurement ROI 125

Grooper

AUGUST 19, 2019

Key Language of Applied Analytics. The vocabulary of applied analytics includes words and concepts such as: Key performance indicators (KPIs). Primary keys. Technology – i.e. data mining, predictive analytics, and statistics. Master data management. Data governance. Scoring – i.e. profitability or risk.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54