Data Analysis & Decision Making Flashcards
7 cards from real GMC practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Data Analysis & Decision Making flashcards as text
A growth team notices their conversion rate dropped 15% after a website redesign. Which analysis method best isolates the redesign as the cause?
Answer: A/B test with a control group
An A/B test with a control group isolates the redesign's impact by comparing it against the original version under identical conditions.
Which metric would MOST directly indicate that a growth experiment improved long-term business value rather than just short-term conversions?
Answer: Customer lifetime value (LTV)
LTV captures the total revenue a customer generates over their relationship with the business, reflecting true long-term value.
When analyzing a marketing funnel, you find a 70% drop-off between 'Add to Cart' and 'Checkout.' What is the most appropriate next step?
Answer: Segment users who dropped off and analyze their behavior patterns
Segmenting drop-off users and analyzing their behavior reveals why they left, enabling targeted and evidence-based fixes.
A/B test results show a p-value of 0.08. How should a growth marketer interpret this?
Answer: The result does not meet the standard 95% confidence threshold
A p-value of 0.08 exceeds the conventional 0.05 threshold, meaning the result falls short of 95% statistical significance.
Which data visualization is BEST suited for showing how users move through sequential stages of an onboarding flow?
Answer: Funnel chart
Funnel charts visually represent the progressive drop-off between sequential stages, making them ideal for onboarding flow analysis.
A growth marketer wants to understand whether users who complete onboarding in under 5 minutes retain better at 30 days. Which analysis technique is most appropriate?
Answer: Cohort analysis segmented by onboarding time
Cohort analysis groups users by a shared characteristic (onboarding time) and tracks their behavior over time, directly answering the retention question.
In growth analytics, what does 'North Star Metric' mean?
Answer: A single metric that best captures the core value delivered to customers and predicts long-term growth
The North Star Metric is a single, unifying measure of customer value that aligns teams and predicts sustainable growth.