December « 2016 « UseMyStats

What is a Stat, Anyway?

A “stat,” a “metric,” a “KPI.” These are all names for basically the same thing. But what is it? Statistics are pretty straightforward. A stat is a number tracked over a unit of time. For example, “the number of sales made in a year.” By themselves, stats don’t do anything or change anyone’s life; they. . . Read More

What Does all This Statistical Data Mean?

Making sense of statistics can make or break a business. If a certain set of data is misinterpreted or a problem is not identified in time, a business can suffer. On the other hand, a missed opportunity can mean missed business. For example, after tracking some stats, you notice a trend: when you send out. . . Read More