Chance Insight – Data Analytics

Category: data-random

  • Email Marketing Data- Introduction

    Email Marketing Data- Introduction

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    Email marketing, which may also related and sits up Customer Relationship Management (CRM), has been the number 1 method for acquisition and retention marketing since email was born, due to its low cost. It is also the easiest contact method for websites, transactions, registration confirmand inquiries. GDPR (General Data Protection Regulation), however, has been making…

  • Basic Statistics

    Basic Statistics

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    MeanMedianModeMin and MaxVarianceStandard Deviation Descriptive statistics are general statistics used to describe data. Statistics such as average customer value and average sales amount are typically used as Key Performance Indicators for the business. In the graph below we plot each sales amount for a fictitious electrical store. It could also represent a supermarket’s sales, charitable…