The Ad Targeting & pCTR/pCVR Prediction System forms the core revenue backbone of Computational Advertising; it encompasses: 1) The Targeting Engine, which filters active ad campaigns within milliseconds based on advertiser-defined constraints (DMP audience tags, geo-fencing, intent keywords, device profiles); 2) The pCTR/pCVR Neural Estimation Engine, which computes real-time posterior probabilities
pCTR=P(Click∣u,a,c) and
pCVR=P(Conversion∣Click,u,a,c) using massive sparse deep networks; raw logits undergo rigorous Probability Calibration (Isotonic Regression, Platt Scaling) ensuring predicted probabilities perfectly calibrate with true empirical click frequencies.