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Statistics for Online Experiments: How to Think and Act Like a Statistician

Optimizely

Statistics are the underpinning of how Optimizely’s customers use data to make decisions. We use experiments to understand how changes we make affect the performance of our online experiences. To do this, we need a framework for evaluating how likely those changes are to have an impact, positive or negative, on a business over time.

To run great experiments, investing in an understanding of statistics is one of the most important skills you can develop. Statistics provide inference on your results and help to determine whether you have a winning variation. Using statistical values to decide leads to stable, replicable results you can bet your business on. Lack of understanding can lead to errors and
unreliable outcomes from your experiments.

Tags : statistics, experiments, data, customers, results, variation
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Published:  Dec 01, 2015
Length:  23
Type:  White Paper