HW Minor - Data Analysis

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Jan 9, 2024

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Jake Kunzler 11/14/2023 Data 2100 Homework Minor: Data Analysis Questions 1/2: Question 3: Imps: Count . This is the total number of times the ads were observed. Clicks: Count. This is the total number of times the ads were clicked on. CTR: Rate. This is the ratio of clicks to impressions. Cost: Sum. This is the total cost associated with the campaign. CPC: Rate. This is the result of dividing total costs by total clicks. Conversions: Count. This is the total number of conversions resulting from the campaign. CRate: Rate. This is a ratio of conversions to clicks. Rev: Sum. This is the sum of revenue generated by ads. ACV: Rolling Average. This is the average value per conversion and is calculated over time. Rev/$: Rate. This is the revenue generated per dollar spent on the campaign. Question 4: a.) Ad F. It has the highest number of clicks b.) Ad A. It has the highest value in the “CPC” column. c.) Ad D. It has the highest value in the “revenue” column. d.) Ad G. It has the highest value in the "imps” column. e.) Ad H. It has the lowest value in the "CTR” column.
Question 5: a.) Ad G has the highest value in the Rev/$ column, which means that it had the highest revenue per dollar spent, and would then have the highest return on investment. An investment of $50,000 into Ad G would return $705,000. You find this by multiplying the initial investment, (50,000) by the Rev/$ value for Ad G, (14.10). This works because Rev/$ represents the revenue generated per dollar spent. Multiplying that value by any initial investment will result in the approximate return on that investment. Question 6: a.) H1 and H2 for ad B invoke imagery of funny videos of cats and dogs riding around on vacuums. This is going to draw the attention of people who want to watch those videos, but there is not a direct correlation between people who like watching videos of pets on vacuums, and people who need a vacuum for a pet. The natural result is a high volume of people clicking on the ad for a funny video, but with no interest in purchasing a vacuum. b.) I’m guessing that the question is associating Colorado with marijuana use, and Utah with family values. In that case, an advertisement that promotes vacuums by associating them with family time is going to succeed in Utah, and an ad that promotes vacuums by associating them with more time to mellow out and chill is going to succeed in Colorado. Different regions share different cultural identities and hold different values. Effective advertising campaigns need to take geography based demographics into account.
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