Wakeme-Uplater
Wakeme-Uplater t1_j0atqe1 wrote
Reply to [D] Simple Questions Thread by AutoModerator
What is an alternative way to optimize for ads budget allocation?
As far as I know, RCT (A/B testing) is the golden standard to test for different factor effect. But that assume the distribution don’t drift overtime, and is cost intensive
Another method I found is Marketing Mix Modeling. But this seems to riddle with biases and pitfall, which stemmed from heavy induction bias, and treating correlation as casual model
As my understanding goes, there is a way to reduce confounding effect through causal inference
However, casual inference requires causal graph. This can be done with causal graph discovery, but it impose a lot of (unverifiable) assumptions on the data generation process. So a domain specific causal graph construction is still needed (which is not ideal)
So are there alternative methods to ROI? Also is there a stochastic process that model this problem? Pinning link of related topic/research is also welcome
Wakeme-Uplater t1_ix8j893 wrote
Reply to comment by almeldin in [D] Simple Questions Thread by AutoModerator
Wakeme-Uplater t1_ivxoqy5 wrote
Reply to [P] Survival analysis by No_Captain_856
I think you can frame this problem as
- Regression - how long will the patient survive (because patient can’t be revived), or
- Time-series classification, perform binary classification on every time steps (don’t forget to add positional/temporal encoding). But I am not familiar these task
Wakeme-Uplater t1_j44ca8j wrote
Reply to comment by cdrn83 in [D] Simple Questions Thread by AutoModerator
https://paperswithcode.com/task/question-answering