Glossary
CVR
Conversion rate: the share of a defined starting population that completes the selected conversion event.
Always name numerator and denominator
Install CVR might mean installs divided by clicks, while store CVR might use store views. A playable completion rate uses a different event and population. ‘CVR improved’ is incomplete without both.
Example
If 500 of 5,000 recorded store visits become attributed installs, that stated conversion rate is 10%. It should not be compared directly with installs divided by impressions.
Record formulas in the test matrix.