International Statistical Engineering Association
This is a joint ENBIS-ISEA webinar, hosted by ENBIS
Title: Modern Statistical Challenges in A/B Tests and Recent Work in Metric Decomposition
Presenter: Nathaniel Stevens
Time: June 13, 2024, 17:00-18:00 CEST / 11:00 AM EST / 8:00 AM PST
Abstract: The rise of internet-based services and products has brought about an unprecedented opportunity for online businesses to engage in large scale data-driven decision making. Over the past two decades, tech organizations have invested tremendous resources in online controlled experiments (colloquially referred to as A/B tests) to assess the impact of innovation on their customers and businesses. Running these experiments at scale has presented a host of novel statistical challenges and hence research opportunities. In this talk we review some of these challenges and present new work on one problem in particular, arising from an academia-industry collaboration with Airbnb. In particular, we’ll look at a new direction for sensitivity improvement whereby a target metric of interest is decomposed into components with high signal-to-noise disparity. Through both frequentist and Bayesian theory as well as real world applications, we’ll demonstrate the agility metric decomposition yields relative to an un-decomposed analysis.
Bio:
Collaborators:
· Luke Hagar (University of Waterloo)
· Alex Deng (Airbnb)
· Tatiana Xifara (Airbnb)
· Amit Gandhi (Airbnb)
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