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How Can a Media Buyer Evaluate the Effectiveness of Online

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How can a media buyer evaluate the effectiveness of online advertising?


Definitions:

Significance Level

The probability of rejecting the null hypothesis when it is actually true, a threshold within hypothesis testing signaling whether an observed effect is statistically significant.

Nonparametric Techniques

Statistical methods used when data do not assume a normal distribution or when the form of the underlying distribution is unknown.

Population Distribution

The spread of frequencies or occurrences of varying characteristics within a population.

Probability Distributions

Describes how the probabilities are distributed over the values of a random variable, identifying the likelihood of different outcomes.

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