Normal Data Distribution
A symmetrical, bell-shaped distribution of data where most observations cluster around the mean.
A symmetrical, bell-shaped distribution of data where most observations cluster around the mean.
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.
A cognitive bias where individuals underestimate the time, costs, and risks of future actions while overestimating the benefits.
Return on Investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of different investments.
A testing phase where a product is released to a limited audience outside the development team to identify issues and gather feedback before the final release.
The process of fundamentally changing how a service is delivered to improve efficiency, user satisfaction, and overall effectiveness.
The percentage of users who start but do not complete a desired action, such as completing a form or purchasing a product.
The process of integrating knowledge into computer systems to solve complex problems, often used in AI development.
A persuasion strategy that involves getting a person to agree to a small request to increase the likelihood of agreeing to a larger request later.