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What is media analysis?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Media analysis is a field of research that deals with the systematic study of media content. This includes the study of texts, images, videos, and audio files to examine the way they are used to convey messages. This also includes examining the effect that such media have on people, such as shaping opinions, ways of thinking, and behaviors. Media analysis can also help measure and evaluate the effectiveness of advertising campaigns.
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What is campaign monitoring?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Campaign monitoring is the regular monitoring of a campaign to measure and evaluate its success. It can be both a targeted measurement of campaign performance and the collection of data on individual target groups. Campaign monitoring allows companies to respond to changes in the campaign and adjust their strategy to achieve the desired results.
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What is media planning?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Media planning refers to the strategic planning and implementation of advertising measures in the various media. It includes selecting the media, determining the advertising budget, deciding on the timing of the campaign, and selecting the advertising copy and graphics. Media planning focuses on optimizing advertising success by considering all aspects of the media mix. This includes traditional media such as print, TV, radio and outdoor advertising, as well as new media such as the Internet and social media.
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What is data quality?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Data quality refers to the accuracy, completeness, integrity, and timeliness of data. It is a measure of the reliability and accuracy of the information contained in a data set. High data quality increases the reliability of decisions based on the data set.
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What are contingency tests?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Contingency tests are statistical tests used to measure the probability of an observed relationship between two or more variables. They are used to determine whether an observation is statistically significant, i.e., whether the observation is due to chance or whether there is a specific relationship between the variables. For example, contingency tests can be used to examine the relationship between a patient's sex and the result of a laboratory test.
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