Question

Total Users with an active Wise account = Total Active Users + Total Users who haven’t transacted Total Active Users = Total MCA Users + Total Send Users = Total New Users + Retained Users Total New Users = New Send Users + New MCA Users Total MCA Users = New MCA Users + Retained Users who transacted this month via MCA Total Send Users = New Send Users + Retained Users who transacted this month via Send Send CR = Total Send Users / Total Users with an active Wise account MCA CR = Total MCA Users / Total Users with an active Wise account New Send CR = New Send Users / New Profiles Created in Month New MCA CR = New MCA Users / New Profiles Created in Month We have recently witnessed a drop in MCA conversion, but send user conversion is stable, can you help explain why?

105

likes
524 views

Answer to a math question Total Users with an active Wise account = Total Active Users + Total Users who haven’t transacted Total Active Users = Total MCA Users + Total Send Users = Total New Users + Retained Users Total New Users = New Send Users + New MCA Users Total MCA Users = New MCA Users + Retained Users who transacted this month via MCA Total Send Users = New Send Users + Retained Users who transacted this month via Send Send CR = Total Send Users / Total Users with an active Wise account MCA CR = Total MCA Users / Total Users with an active Wise account New Send CR = New Send Users / New Profiles Created in Month New MCA CR = New MCA Users / New Profiles Created in Month We have recently witnessed a drop in MCA conversion, but send user conversion is stable, can you help explain why?

Expert avatar
Birdie
4.5
97 Answers
To understand why there is a drop in MCA (Multi-Currency Account) conversion while send user conversion remains stable, let's break down the conversion rates and analyze each component.

First, we'll calculate the total active users:
Total Active Users = Total MCA Users + Total Send Users = Total New Users + Retained Users

Next, we'll calculate the total new users:
Total New Users = New Send Users + New MCA Users

Then, let's calculate the total MCA users:
Total MCA Users = New MCA Users + Retained Users who transacted this month via MCA

Similarly, let's calculate the total Send users:
Total Send Users = New Send Users + Retained Users who transacted this month via Send

Now, let's calculate the Send conversion rate (Send CR):
Send CR = \frac{Total Send Users}{Total Users with an active Wise account}

Similarly, let's calculate the MCA conversion rate (MCA CR):
MCA CR = \frac{Total MCA Users}{Total Users with an active Wise account}

Next, let's calculate the New Send conversion rate (New Send CR):
New Send CR = \frac{New Send Users}{New Profiles Created in Month}

Finally, let's calculate the New MCA conversion rate (New MCA CR):
New MCA CR = \frac{New MCA Users}{New Profiles Created in Month}

By analyzing the conversion rates, we can determine the reasons behind the drop in MCA conversion rate while the send user conversion rate remains stable. This analysis will help us identify any potential issues or discrepancies in the MCA onboarding process, user experience, or other factors that may be affecting the conversion rate.

Answer: To explain the drop in MCA conversion rate while the send user conversion rate remains stable, we need to analyze the individual components of the conversion rates and identify any potential issues or discrepancies in the MCA onboarding process or user experience.

Frequently asked questions (FAQs)
Math question: What is the measure in degrees of the third angle in a triangle, given that the first angle is 30° and the second angle is 70°?
+
Question: Given a basis of vectors b1 = (1, 2, 3) and b2 = (-1, 0, 1), find the coordinates of vector v = (2, 1, 4) with respect to this basis.
+
What is the equation for the ellipse with major axis of length 6 and minor axis of length 4?
+
New questions in Mathematics
Simplify the expression sin³(x)+cos³(x), using trigonometric functions
A college believes that 22% of applicants to that school have parents who have remarried. How large a sample is needed to estimate the true proportion of students who have parents who have remarried to within 5 percentage points?
-6(3x-4)=-6
String x = 5 Int y=2 System.out.println(x+y)
-11+29-18
A juice shop prepares assorted juices, for their juices they have 5 different types of fruit. How many types of assortments can be prepared in total, if it is considered an assortment to a juice made with two or more fruits?
A pair of die is thrown and the absolute difference of the two scores is recorded. What is the probability of the absolute difference being 4 or more?
∫ √9x + 1 dx
You mix a powder drug with a 4.5ml of liquid to get a reconstituted solution with a concentration of 250mg/ml. The prescribers order is for 500 mg . You will give what ml of the reconstituted solution
Find all real numbers x that satisfy the equation \sqrt{x^2-2}=\sqrt{3-x}
Two business partners have a bank balance of $17,942.00. After the first year their interest brings their balance to $18,928.91. What rate of interest is earned?
9 x² + 2x + 1 = 0
(a) List the set of possible rational zeros of the polynomial function F(x) = 2x3 - 11x2 + 13x - 4. (b) Find all rational zeros of F(x). Only do part B
5x+13+7x-10=99
Write the detailed definition of a supply chain/logistics related maximization problem with 8 variables and 6 constraints. Each constraint should have at least 6 variables. Each constraint should have At least 5 variables will have a value greater than zero in the resulting solution. Variables may have decimal values. Type of equations is less than equal. Numbers and types of variables and constraints are important and strict. Model the problem and verify that is feasible, bounded and have at least 5 variables are nonzero.
Calculate the area of the parallelogram with adjacent vertices (1,4, −2), (−3,1,6) 𝑦 (1, −2,3)
a coffee shop has 9 types of creamer and 11 types of sweetener. In how any ways can a person make their coffee?
Sally’s sales for last Sunday were $1,278. That was an increase of 6.5% over her sales for the previous Saturday. What were her sales for the previous Saturday?
Two trains leave stations 294 miles apart at the same time and travel toward each other. One train travels at 95 miles per hour while the other travels at 115 miles per hourHow long will it take for the two trains to meet?
To apply a diagnostic test, in how many ways can 14 students be chosen out of 25? if the order does not matter