October 2020
Beginner to intermediate
448 pages
15h 6m
English
book
Product Analytics: Applied Data Science Techniques for Actionable Consumer Insights
by Joanne Rodrigues
Content preview from Product Analytics: Applied Data Science Techniques for Actionable Consumer Insights
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10. In Pursuit of the Experiment: Natural Experiments and Difference-in-Difference Modeling
In the last section on predictive methods, we covered both machine learning and demographic forecasting models. These models help us predict user behavior and forecast subpopulation changes and business needs. While predictive insights are useful, they cannot help us change user behavior.
In this section, we’ll examine causal inference methods. Causal inference is an exploration of factors that determine an outcome. Understanding causation will allow us to run better campaigns, build better products, and alter user behavior.
As discussed in Chapter 6 on A/B testing, randomness is the reasoned basis of inference according to Ronald Fisher the father of ...
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