
p-value corresponding to the red point tells us about the ‘total probability’ of getting any value to the right hand side of the red point, when the values are picked randomly from the population distribution.
The problem here is, since there are different numbers in the same column, the model will misunderstand the data to be in some kind of order, 0 < 1 < 2. But this isn’t the case at all. To overcome this problem, we use One Hot Encoder.
…, early startups should start with actionable top-line metrics to measure each step of the Journey. Start with two metrics: One user acquisition metric at the top of the funnel that measures how many new users are signing up and taking their first action. And then one user engagement metric further down the funnel that measures how often these new users engage with the product over time. Together, these two metrics define a product’s activation rate in how it graduates new users into b…