100% (1)
page:
4 pages/≈1100 words
Sources:
16
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 20.74
Topic:

Understanding Advertising Using A/B Testing and the Use of Cluster Analysis

Coursework Instructions:

5 open-ended questions. You need not do any computations, etc.

Each response should be well constructed and thoughtful and consider the pros and cons, advantages and disadvantages.

You are welcome to use outside references - but ensure they are reliable and trustworthy -n generally, academic, government and civic organizations are the most reliable.

Please reference at least 4 references for your argument. Need not be in MLA or APA

Question 1

Suppose you are the Marketing Director at NYIT and you wanted to understand the advertising that will:

Using A/B Testing determine the best marketing approach to enroll new students

Using A/B Testing determine the best marketing approach to continue to enroll current students

In your response, please briefly discuss what is A/B Testing and how you might differentiate the two markets discussed above.

Question 2

Suppose you are an Epidemiologist at the New York City Department of Health and there seems to be an outbreak of a new disease. "How might you determine if the outbreak is localized or not?" Hint - "Would you use Cluster Analysis which is Unsupervised or Regression Analysis which is Supervised?

"What are the major differences between Unsupervised versus Supervised Learning in Machine Learning?"

Question 3

We discussed "best practice" in visualizing data via Excel, R or Tableau. "What three of four "best practices" resonate with you and why?" If possible, reflect on past good and bad visualizations and why they are good or bad.
Question 4

What are some of the benefits and deficiencies of Excel or spreadsheets versus an SQL database. That is - a spreadsheet offers certain advantages, "What are they?" but also deficiencies, "What are they?" "How might an SQL database overcome these deficiencies?"

Question 5

The "Godfather" if you will of A.I. cited the dangers of A.I. "Do you agree or disagree?" Do we need more governmental regulation / oversight? Like many of these "cat and mouse" regulatory imbroglios, at end of day, "Do you believe regulations, etc can stimy technology?

Coursework Sample Content Preview:

Open Ended Questions
Your Name
Subject and Section
Professor’s Name
May 18, 2023
1 Question 1
A/B testing is a method used to compare two versions (A and B) of a specific element, such as a webpage or advertisement, in order to determine which version performs better in achieving desired outcomes (Kohavi et al., 2020). As the Marketing Director at NYIT, if the goal is to understand the best marketing approach for enrolling new students, A/B testing can be employed. This involves creating different versions of advertisements or campaigns and measuring their impact on the target audience. Variations in messaging, visuals, calls to action, or advertising channels can be tested. By comparing metrics like click-through rates, conversion rates, or enrollment numbers, you can identify the most effective marketing approach for attracting new students (Huang & Liu, 2022).
Similarly, A/B testing can be utilized to determine the best marketing approach for continuing to enroll current students. This requires tailoring the approach to address their specific needs and motivations. A/B testing can help compare different communication channels, engagement tactics, or incentives to encourage ongoing enrollment. For example, personalized emails can be compared to a social media campaign to assess their impact on student retention rates (Nair & Gupta, 2021). By analyzing data on engagement, retention, and feedback, you can identify the approach that resonates best with current students and encourages their continued enrollment.
Nonetheless, it is important to consider factors such as sample sizes, statistical analyses, and available resources when conducting A/B tests (Yu et al., 2022). The aim is to gain reliable insights that guide effective marketing strategies for both enrolling new students and retaining current students.
References
Huang, M., & Liu, T. (2022). Subjective or objective: how the style of text in computational advertising influences consumer behaviors?. Fundamental Research, 2(1), 144-153.
Kohavi, R., Tang, D., & Xu, Y. (2020). Trustworthy online controlled experiments: A practical guide to a/b testing. Cambridge University Press.
Nair, K., & Gupta, R. (2021). Application of AI technology in modern digital marketing environment. World Journal of Entrepreneurship, Management and Sustainable Development, 17(3), 318-328.
Yu, Z., Guindani, M., Grieco, S. F., Chen, L., Holmes, T. C., & Xu, X. (2022). Beyond t test and ANOVA: applications of mixed-effects models for more rigorous statistical analysis in neuroscience research. Neuron, 110(1), 21-35.
2 Question 2
In the scenario of an outbreak of a new disease as an epidemiologist at the New York City Department of Health, determining if the outbreak is localized or not would typically involve employing cluster analysis, which falls under unsupervised learning. Cluster analysis is a statistical technique used to identify patterns or groupings within a dataset without prior knowledge of the outcome (Saha et al., 2019). By examining the spatial distribution and characteristics of the cases, the epidemiologist can assess whether the outbreak is localized or if there are broader patterns indicating wider transmission. Additionally, Cluster analysis helps identify clusters or subgroups of cases that exhibit similar characteristics, such as geographical proximity or shared demographic features.
It must be noted that when comparing unsupervised learning (such as cluster analysis) with supervised learning (such as regression analysis) in machine learning, there are significant differences. Unsupervised learning aims to uncover hidden patterns or structures within the data without specific guidance or labeled examples (Choudhury et al., 2021). It focuses on exploring the data and finding inherent relationships. In contrast, supervised learning aims to build a model that can make predictions or classify new instances based on labeled training examples. It relies on known input-output pairs to learn a mapping between input features and their corresponding outputs.
In contrast, unsupervised learning algorithms work with unlabeled data, searching for patterns or similarities solely based on the input data. The outputs of unsupervised learning include cluster assignments, dimensionality reduction, or anomaly detection. These techniques help in discovering patterns, grouping similar instances, or reducing the complexity of the data. On the other hand, supervised learning relies on labeled training data, learning from these examples to make predictions on new, unseen data. The output of supervised learning is a predictive model that can be used to make predictions or classify new instances based on the learned patterns and relationships (Sharma et al., 2021).
Evaluating the performance of unsupervised learning algorithms is often subjective and challenging since there are no definitive targets or labeled data to compare against. Evaluation metrics focus on measuring the quality of the discovered patterns or the ability to separate instances into meaningful clusters. In supervised learning, evaluation is done by comparing the predicted outputs of the model with the true labels of the test data, using metrics like accuracy, precision, recall, or F1 score to assess the model's performance (Adnan et al., 2021).
References
Adnan, M., Habib, A., Ashraf, J., Mussadiq, S., Raza, A. A., Abid, M., ... & Khan, S. U. (2021). Predicting at-risk students at different percentages of course length for early intervention using machine learning models. Ieee Access, 9, 7519-7539.
Choudhury, P., Allen, R. T., & Endres, M. G. (2021). Machine learning for pattern discovery in management research. Strategic Management Journal, 42(1), 30-57.
Saha, R., Tariq, M. T., Hadi, M., & Xiao, Y. (2019). Pattern recognition using clustering analysis to support transportation system management, operations, and modeling. Journal of Advanced Transportation, 2019, 1-12.
Sharma, N., Sharma, R., & Jindal, N. (2021). Machine learning and deep learning applications-a vision. Global Transitions Proceedings, 2(1), 24-28.
3 Question 3
In my experience with visualizing data using Excel, R, or Tableau, three resonating best practices are simplicity and clarity, data-driven design, and storytel...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

👀 Other Visitors are Viewing These APA Essay Samples:

Sign In
Not register? Register Now!