Why 80% of A/B tests fail, how to 10X your experimentation velocity - Kristi Angel - The Data Scientist Show #088
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Description
Most experimentations fail, Kristi Angel shares her expertise on scaling experimentation and avoiding common A/B testing pitfalls. Learn five things that can help boost test velocity, designing impactful experiments, and leveraging knowledge repos. (Chapters below)
Kristi Angel’s LinkedIn: https://www.linkedin.com/in/kristiangel/
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(00:00:00) Intro
(00:01:26) Why do most experimentations fail?
(00:07:05) Mistakes in choosing metrics
(00:10:05) Is revenue a good metric?
(00:13:18) Split metrics in three ways
(00:15:10) Daliana's story with too many category breakdowns
(00:16:59) What makes the best data science team?
(00:19:24) Data scientist work in silo vs in a data science team
(00:21:15) Building a knowledge center
(00:23:40) Example of knowledge center; nuance of experimentations
(00:26:09) How many metrics and variants?
(00:30:56) How to reduce noise - CUPED
(00:33:01) Future of A/B testing
(00:38:33) Q&A: Low statistical power
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