ROAS Measurment Overview iROAS (Randomized Controlled Trials) Flashcards

(11 cards)

1
Q

What method does DGMN use to measure incremental sales impact?

A

Randomized Controlled Trials (RCT)

RCTs involve randomly assigning targeted audiences to either a test group or a control group.

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2
Q

What is required to be created before a campaign launches in RCTs?

A

Control groups

Control groups are essential for establishing a baseline for comparison.

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3
Q

What is the purpose of random assignment in RCTs?

A

To ensure statistical identity between groups

This helps minimize bias and confounding variables in measurement.

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4
Q

True or False: RCTs do not require control groups.

A

False

Control groups are a fundamental component of RCTs.

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5
Q

Fill in the blank: RCTs help minimize _______ and confounding variables.

A

bias

Minimizing bias is crucial for accurate measurement of sales impact.

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6
Q
A
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7
Q

What is the purpose of Randomized Controlled Trials (RCT) at DGMN?

A

To measure incremental sales impact by randomly assigning targeted audience to a test group or control group.

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8
Q

What is the significance of random assignment in RCTs?

A

It helps ensure that two groups are statistically identical prior to a campaign.

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9
Q

What do RCTs help minimize in the measurement process?

A

Bias and confounding variables.

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10
Q

Fill in the blank: RCTs involve assigning targeted audience to a _______ group or control group.

A

test

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11
Q

True or False: RCTs are used to increase bias in sales measurement.

A

False

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