A/B Testing the Bayesian Way
A/B testing as the name suggests, is a method of statistically testing two different versions of a design pattern to determine difference of effectiviness. Simply put, an A/B test is a way to compare two versions of a single variable by testing a subject's response to one version against the other, and determining which of the two is more effective.
Imagine you work in the biopharma industry, where A/B tests come up all the time. Your aim is to gauge the effectiveness of a certain drug A versus drug B. You would give drug A to some percentage of a patient group and drug B to the rest. After enough trials, the in-house statisticians measure the efficacy to determine which drug gave better results.
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