Complete the sentence to define cohort analysis.
Cohort analysis groups customers based on their [1] to study behavior over time.Cohort analysis groups customers by their acquisition date to observe how their behavior changes over time.
Complete the sentence to explain the main purpose of cohort analysis.
The main purpose of cohort analysis is to understand how [1] change over time within groups.Cohort analysis helps marketers understand how customer behaviors evolve over time within specific groups.
Fix the error in the statement about cohort analysis.
Cohort analysis groups customers by their [1] to analyze their behavior over time.The correct grouping for cohort analysis is by signup date, which allows tracking behavior from the start.
Fill both blanks to complete the cohort analysis formula.
Retention rate = (Number of active users in [1] cohort at [2]) / (Number of users in cohort at start)
Retention rate is often calculated for monthly cohorts at day 30 to see how many users remain active after one month.
Fill all three blanks to complete the cohort analysis statement.
A [1] cohort groups users by [2], and tracks [3] like retention or revenue over time.
A time-based cohort groups users by acquisition date and tracks metrics such as retention or revenue over time.