The Mental Models Daily Podcast

Proxy


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A proxy is a substitute or representative measure used to indirectly estimate or infer an unobservable or difficult-to-measure variable or phenomenon. It involves using a readily observable or easily measurable proxy variable as a stand-in for the target variable of interest when direct measurement is impractical, costly, or impossible.


When you can’t measure something directly, use a

**Proxy** to stand in. Make sure it reflects reality accurately. 🎯🔍 #Proxy #MentalModels #Measurement #Analytics
#DataDriven #PerformanceMetrics


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The Mental Models Daily PodcastBy Mental Models Daily

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