Vanity Metrics
Metrics that may look impressive but do not provide meaningful insights into the success or performance of a product or business, such as total page views or social media likes.
570 topics found for
“decision clarity”
Continued Influence Effect
The persistence of misinformation in memory and influence on reasoning, even after it has been corrected.
Normal Distribution
A statistical distribution where most occurrences take place near the mean, and fewer occurrences happen as you move further from the mean, forming a bell curve.
LTV
Lifetime Value (LTV) is a metric that estimates the total revenue a business can expect from a single customer account throughout their relationship.
Technical Feasibility
The practicality of implementing a solution based on technical constraints and capabilities.
Response Bias
A tendency for respondents to answer questions in a manner that is not truthful or accurate, often influenced by social desirability or survey design.
Look Elsewhere Effect
A statistical phenomenon where a large number of hypotheses are tested, increasing the chance of a rare event being observed.
Longitudinal Study
A research method that involves repeated observations of the same variables over a period of time.
Affinity Diagram
A tool used to organize ideas and data into groups based on their natural relationships.