4 ms·
I think this post summarizes it really well: http://bjk5.com/post/12829339471/ab-testing-still-works-sarcastic-phew http://bjk5.com/post/12829339471/ab-testing-
by rawnlq 10y ago
I think this post summarizes it really well: http://bjk5.com/post/12829339471/ab-testing-still-works-sarcastic-phew http://bjk5.com/post/12829339471/ab-testing-still-works-sarc...
If you have any sort of decent dashboarding the cost of a wrong decision is really not all that bad compared to the cost of being a purist.
- btilly 10y agoOh boy. Let's replace statistics with guesses off of graphs! That visible "zone of stupidity" is based on how long it takes to make a conversion which has everything to do with how your product works, and nothing to do with how statistics works. There is absolutely no difference between the graph you expect that leads to an accidental wrong decision and one that detects a correct difference - the patterns that you think you see don't mean what your brain will decide they do. And more importantly, if you stop in 1/4 of the time that you would have been willing to run the test, the potential loss when you are wrong is twice the worst errors that you could make if you put more effort into it. Have you ever been in an organization that rolled out an innocuous looking change that killed 15% of the business? I have. Over the 10 months it took to find the offending subject line, there was, shall we say, "significant turnover in the executive team". Math exists for a reason. Either learn it, or believe people who have learned it. Don't substitute pretty pictures that you don't understand, then call it an explanation.
- rawnlq 10y agoI admit I don't know the math well so I am curious to know how to fix my intuition: Let's say you want to figure out the unknown bias on two coins. You flip both continuously and plot the percentage of heads you see. Due to law of large numbers these percentages will eventually converge to true probabilities (which is how I am interpreting the graphs in that blog post). The bad case is if the two coins are actually "flatlined" in the wrong order so as a pattern matching human you mistakenly believe the rates have converged prematurely. I don't know how to work out the math on this but let's say a "flatline" is visually 100 points or so with no significant slope. Then this should be pretty rare right?
- btilly 10y agoDon't try to do this by visual pattern recognition. Do math. There are plenty of statistical tests that you can use, use them. Any of them is better than looking at a graph and guessing from the shape. If you want to try to understand what is going on, learn the Central Limit Theorem. That will let you know how fast the convergence is to the laws of large numbers. (There are two, the strong and the weak.)