Assessing Stationarity in Web Analytics: A study of Bounce Rates

Evidence-based methods for evaluating marketing interventions such as A/B testing have become standard practice. However, the pitfalls associated with the misuse of this decision-making instrument are not well understood by managers and analytics professionals. In this study, we assess the impact of stationarity on the validity of samples from conditioned time series, which are abundant in web metrics. Such a prominent metric is the bounce rate, which is prevalent in assessing engagement with web content as well as the performance of marketing touchpoints. In this study, we show how to control for stationarity using an algorithmic transformation to calculate the optimum sampling period. This distance is based on a novel stationary ergodic process that considers that a stationary series presents reversible symmetric features and is calculated using a dynamic time warping (DTW) algorithm in a self-correlation procedure. This study contributes to the expert and intelligent systems literature by demonstrating a robust method for subsampling time series data, which are critical in decision making.