The 3 Analytical Techniques Every Modern Business Leader Should Steal from Data Scientists
I once worked with a retailer who was convinced their TV ads drove foot traffic. Regression analysis proved the ads did nothing, but the weather (sunny weekends) drove 90% of their sales. They had been wasting $2M a year on ads. analytical techniques in business
But what about the weird stuff? “Does the day of the week affect our SaaS trial conversion rate?” “Does the color of our ‘Buy Now’ button actually matter?” The 3 Analytical Techniques Every Modern Business Leader
You might just save your business from its own best intentions. Struggling to make sense of your messy data? Reply to this post with your biggest analytical headache—I’ll help you pick the right technique to solve it. But what about the weird stuff
Regression analysis helps you isolate the signal from the noise. It tells you not just if two things are related, but how strong that relationship is.
Enter (The 80/20 rule on steroids).