Question

In: Math

What is the purpose of Reverse testing? (select all that apply) A. Reverse testing will allow...

What is the purpose of Reverse testing? (select all that apply)

A.

Reverse testing will allow a read of an entire campaign response drop

B.

Reverse testing is the principle of only changing one aspect of the marketing execution at a time.

C. When a new control execution is adopted, reverse testing allows a confirmation that the change still performs better than the previous control execution.

D.

Reverse testing protects the marketer

Solutions

Expert Solution

  • Reverse testing assesses the viability of a trading strategy or pricing model by discovering how it would play out using historical data.
  • If reverse testing works, traders and analysts may have the confidence to employ it going forward.
  • A well-conducted reverse test that yields positive results assures traders that the strategy is fundamentally sound and is likely to yield profits when implemented in reality. A well-conducted reverse test that yields suboptimal results will prompt traders to alter or reject the strategy.

Thus, as a property of reverse testing, this will allow a read of an entire campaign response drop, which is option A.

In reverse testing, model developers generally change one aspect at a time to check the consistency and accuracy of a model. Thus this goes for option B.

Reverse testing protect the marketer in the sense that this testing ensures the model performance to be satisfactory and a particular part of the model, stress testing allows to provide information before the event will actually happen. Thus marketer will know what will be the worst-case scenario and marketer will be prepared for that scenario.

Thus the options are A, B and D.

Thanks !!


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