Moneyball
The practice of using data analytics and metrics to make informed decisions, focusing on measurable outcomes and efficiency rather than intuition or traditional methods.
The practice of using data analytics and metrics to make informed decisions, focusing on measurable outcomes and efficiency rather than intuition or traditional methods.
The process of continuously improving a product's performance, usability, and value through data-driven decisions and iterative enhancements.
The percentage of leads that convert into customers.
Conversion Rate Optimization (CRO) is the systematic process of increasing the percentage of website visitors who take a desired action, such as making a purchase or filling out a form.
Research conducted to assess the effectiveness, usability, and impact of a design or product.
An approach to design that relies on data and analytics to inform decisions and measure success.
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
A symmetrical, bell-shaped distribution of data where most observations cluster around the mean.
Artificially generated data that mimics real data, used for training machine learning models.