Analyzing Experiment Results
Analyzing Experiment Results
Key Question
- How to extract the most learnings out of every experiment.
Success Rate
- Less than 25% of experiments are typically successful.
- An experiment is only a failure if you fail to learn.
- Failed experiments help navigate to success.
Three Levels of Analysis
- Success and Failure
- Was the variation a success or a failure?
- Did it improve our target metric?
- What happened to our trade off metric?
- Accuracy
- How accurate was my upside prediction?
- If prediction is far off, there might be some additional things to dig into.
- Why
- Potential reasons for success or failure.
- Break the experiment into pieces to look at the different inputs into the success metric.
- Segment to figure out if the experiment influenced different audiences at different levels.
- Look at qualitative data.
- Run additional experiments to validate new hypotheses.