12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Click-through rate (CTR) is a measurement that indicates how many clicks are achieved on a specific element of a web page, email, or ad banner. CTR is an important indicator of the effectiveness of online marketing campaigns. CTR is given as a percentage and is calculated by dividing the number of clicks on a particular element by the number of impressions (the number of users who saw the element).
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The market price is the price at which a particular good or service is traded in the free market. It is determined by supply and demand and can change depending on supply and demand. The market price is an important part of price formation and can be considered as an indicator of the value of a product or service.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A search engine ranking is an indicator of how high a web page is placed in the search results of a search engine. There are several factors that influence the ranking of a web page, such as the relevance of the page to a particular search query, the number of links to other pages, the quality of the page, and the number of visitors the page receives. It is important that webmasters regularly check their rankings to ensure that their pages are always relevant and up-to-date.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A dashboard is a user interface that displays important information at a glance. It provides a visual representation of data and is designed to draw attention to key indicators and trends. Dashboards can be designed in a variety of ways, including graphs, charts, maps, or even highly detailed reports. They can be displayed on a web page, in a mobile device, or even on a desktop. Dashboards are very useful for improving the efficiency of a business by monitoring resources and insights that are important to the business.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The median is a central value of a data series that indicates where the middle of the data lies. The median is calculated by sorting the values in the series in ascending order and then selecting the value in the middle. The median can be a better indicator than the average because it is less influenced by extreme values.