3 ms·
I don't think this is statistically significant.
by dbbk 6y ago
I don't think this is statistically significant.
- steve-benjamins 6y agoHi, I'm the author— this is 98% confidence.
- pottertheotter 6y agoI think people are probably more concerned that it doesn't have economic significance. It might have statistical significance, but the effect is still very small, so does it really matter? That's a common trap people forget to consider. You see this a lot in finance research where some variable is statistically significant in a model, but the difference in the economic outcome is so small that it doesn't matter. In this case, these are indeed tiny percentages. But you're going from something that a lot of people dislike and that is more complicated (from a technical standpoint), so we can simplify things and user interaction with live chat is not impacted.
- zamalek 6y agoYou'd hope that the percentages here would be small: people need to be facing a problem with your product before they are part of the sample population. There is a lot of potential economic impact here; during a major problem (which WILL happen) the number of people looking for support would increase sharply. If people are blind to your support system, you could be saying goodbye to a large amount of customers. Ignoring stuff like this is a far more common trap. We spend a lot of money on firefighters, even though we hope they never have any fires to fight.
- solumos 6y agoI disagree, I think it's statistically significant. I ran a quick z-test: p0 = 34 p1 = 45 n0 = 8004 n1 = 6622 z = -2.0924 p = 0.03662 So, the improvement is statistically significant at 95% confidence (p < 0.05) As far as practical significance, that's debatable . . .
- qyph 6y agoA z test relies on the normal approximation, no? I don't think that is appropriate with proportions so close to 0.