Many adherents of Bayesian methods put forth claims of superiority of Bayesian statistics and inference over the established frequentist approach based mainly on the supposedly intuitive nature of the Bayesian approach. Rational thinking or even human reasoning in general is Bayesian by nature according to some of them. Others argue that proper decision-making is inherently […] Read more…
In this article I’m revisiting* the topic of frequentist vs Bayesian inference with specific focus on online A/B testing as usual. The present discussion easily generalizes to any area where we need to measure uncertainty while using data to guide decision-making and/or business risk management. In particular, I will discuss each of the following five […] Read more…
The problem most-often faced by owners of websites who want to take a scientific approach to improving them by using A/B testing is that they might have relatively small revenue. Thus, when the ROI calculation for the A/B test is done it might turn out that it is economically unfeasible to test. In some cases, […] Read more…
Take your A/B testing program to the next level
Want to take your A/B tests to the next level?
If you enjoyed this article and want to read more great content like it make sure to check out the book “Statistical Methods in Online A/B Testing” by the author, Georgi Georgiev, and take your experimentation program to the next level.