A Guide to A/B Testing as a Data Scientist!
CODE: https://github.com/ajhalthor/bayesian... REFERENCES [1] Book on Bayesian Math: https://users.aalto.fi/~ave/BDA3.pdf [2] Good blog to understand Beta Distribution: http://varianceexplained.org/statisti... SPONSOR Kite is a free AI-powered coding assistant that will help you code faster and smarter. The Kite plugin integrates with all the top editors and IDEs to give you smart completions and documentation while you’re typing. I've been using Kite. Love it! Learn more here: https://www.kite.com/get-kite/?utm_me... TIMESTAMPS 0:00 Introduction 0:47 Experiment Definition 3:00 Create Dataset for A/B Test 5:07 Hypothesis Testing 6:00 Issue of Interpretability 8:09 Bayesian Testing: Constructing Prior 10:07 Bayesian Testing: Constructing Posterior 13:55 Introducing a Continuous Metric: Prices 14:25 Understand Pricing Distributions 16:04 Add prices to dataset 17:05 Bayesian Math 20:37 Coded Math 22:47 Construct Priors, Posteriors 25:42 Interpret Results for Continuous Metric
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