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 - #303116
Title: Testing At Capital One Auto Finance
Author(s): Rose Brunner*+ and Leonard Roseman
Companies: Capital One Financial and Capital One Financial
Address: , , ,
Keywords:
Abstract:

The Capital One Auto Finance (COAF) Price Plus test aimed to reveal how three critical profitability factors drive dealer behavior in auto finance, for the purpose of expanding thin margins in this competitive arena. The test has several interesting features including a split plot design, unbalanced sampling due to cost constraints, power limitations and computations, concurrent testing, and early shut-down of some high-cost treatment combinations. In this session, we will outline the critical business dynamics and provide overview of how the technical issues were addressed.


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