Year: 2017
Type: preprint
Abstract: Online experiments are a fundamental component of the development of web-facing products. Given their large user-bases, even small product improvements can have a large impact on user engagement or profits on an absolute scale. As a result, accurately estimating the relative impact of these changes is extremely important. I propose an approach based on an objective Bayesian model to improve the sensitivity of percent change estimation in A/B experiments. Leveraging pre-period information, this approach produces more robust and accurate point estimates and up to 50% tighter credible intervals than traditional methods. The R package abpackage provides an implementation of the approach.
Source: arXiv (Cornell University)
Author: Soriano, Jacopo
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2767168760
