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Glossary: Statistics Basics

A/B testing

Also written: randomized test, experiment

An experiment in which customers are randomly split into two groups, one getting a version (such as the KC15 coupon) and the other not, so the groups can be compared fairly. Because the split is random, it is the most reliable way to learn whether a change causes a difference in outcomes.

Where the book teaches it

Related terms

ConfounderRandom sample