JSM 2011 Online Program

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Abstract Details

Activity Number: 161
Type: Topic Contributed
Date/Time: Monday, August 1, 2011 : 10:30 AM to 12:20 PM
Sponsor: Business and Economic Statistics Section
Abstract - #302989
Title: Do You Know, or Do You Think You Know? Creating a Testing Culture at State Farm
Author(s): Andrew Pulkstenis*+
Companies: State Farm Insurance
Address: 1512 Beaver Lake Drive, Mahomet, IL, 61853,
Keywords: DOE ; experiment ; testing ; business analytics ; design
Abstract:

"Analytics" is the new buzzword in business, but even analytic firms are underusing or neglecting the powerful tool of designed experiments. I will share what I've been doing at State Farm over the past year to move our firm from minimal business experimentation to a more ambitious testing culture, as well as provide a step-by-step guide on how one can change or create a testing culture in their firm. I'll share a real example from State Farm's online presence, and close by discussing the comprehensive optimization effort this success has kicked off for 2011. The presentation will provide some tangible takeaways for the practitioners in the crowd who desire to improve their own strategies through designed experiments.


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