This question evaluates competency in cohort-based retention analysis, understanding metric maturity and right-censoring, performing data quality and definition checks, and localizing real declines across segments, releases, or funnel changes.
A dashboard shows D14 retention (users retained on day 14 after signup/first activity). In the last week, the chart shows a sharp decline.
Assume retention is computed as a cohort metric:
Explain how you would determine whether this decline reflects a real product issue or a false alarm.
Include: