Calculate median time to conversion in funnel report
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To calculate the median time to conversion in a Mixpanel funnel report, you need to use the "Time to Convert" measurement option. Here's how to do it: 1. Create a funnel report with your desired steps 2. In the measurement dropdown, select "Time to Convert" 3. Choose "Median" as your aggregation methodMixpanel allows you to see how quickly users convert through your funnel using various time-based metrics. The median time to convert shows you the middle value in the distribution of conversion times, giving you a good sense of typical user behavior without being skewed by outliers.You can also visualize this data in different ways: - Use "Metric" or "Bar" visualizations to see summarized values - Use "Line" visualization to see the trend over time - Select specific steps to measure conversion time between particular funnel stagesAdditionally, you can use the "Time to Convert" breakdown to see a distribution of how long users took to convert across the entire funnel or between any two specific steps.Funnels Advanced Concepts provides more details about this functionality, including the note that percentiles (including median) are calculated using an approximate algorithm that may show slight variations when run on small datasets.For a practical example of how this can be useful, one Mixpanel user was able to analyze their onboarding funnel and discovered that "50% of people went from step 2 (Onboarding started) to step 3 (Onboarding completed) in under four and a half minutes" as mentioned in Data monitoring vs. data analysis. This insight helped them optimize their onboarding process.I hope this helps you analyze your conversion times effectively!
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