5 resources tagged with data-analysis
This article argues that powerful ideas, even if imperfectly measured, are more useful for business decision-making than perfect measures for less impactful ideas. It discusses the importance of focusing on high-leverage metrics and acknowledging the limitations of data, rather than getting overly bogged down in pursuit of perfect measurement.
A deep dive on how Airbnb measures and uses listing lifetime value to identify the most valuable accommodation listings for their guests. The article covers the framework and methodology Airbnb uses to calculate LTV, including retention curves, discount rates, and segment-level LTV comparisons.
Uncover the rare and highly sought-after data skills that set top analytics professionals apart. Dive into cutting-edge techniques and tools that enable deeper insights, predictive modeling, and data-driven decision-making – empowering data analysts, business analysts, and data scientists to drive transformative results for their organizations. Elevate your data mastery and unlock the keys to becoming an indispensable asset in today's data-driven business landscape.
Designing effective metrics trees is a crucial skill for analytics professionals who need to extract meaningful insights from complex data. This blog post delves into the techniques and strategies for structuring your metrics in a hierarchical, intuitive manner, enabling you to uncover hidden patterns, identify key drivers, and present data-driven recommendations that resonate with stakeholders across your organization.
This blog post offers a valuable lesson for analytics professionals: embrace the natural phenomenon of regression to the mean and let it guide your data analysis. By understanding and leveraging this statistical principle, you can make more informed decisions, avoid common biases, and uncover meaningful insights that drive business impact. Whether you're a data analyst, business analyst, or product analyst, this post provides a thought-provoking perspective on how to approach your work with a deeper statistical understanding.