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Answer Provided: ? Product-Market Fit
Correct Answer: Product-Market Fit
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Answer Provided: ? To ensure you learn, no matter what the test outcome because the experiment will either prove or disprove your hypothesis
Correct Answer: To ensure you learn, no matter what the test outcome because the experiment will either prove or disprove your hypothesis
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Answer Provided: ? Humour
Correct Answer: Humour
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Answer Provided: ? A method to demonstrate a known fact
Correct Answer: A way to permanently change your website
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Answer Provided: ? Statistically significant
Correct Answer: Set based on the needs of an experiment
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Answer Provided: ? You have a 5% chance of a false positive
Correct Answer: There is a 5% probability that one would detect this result if there was no difference between variants
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Answer Provided: ? Prioritize the hypotheses based on your framework of choice
Correct Answer: Prioritize the hypotheses based on your framework of choice
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Answer Provided: ? They are a good starting point for ideation and testing
Correct Answer: They are a good starting point for ideation and testing
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Answer Provided: ? Statistically significant results are better than 'flat' results
Correct Answer: You’ve saved the business time and money which they might have by implementing this costly feature
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Answer Provided: ? Nothing
Correct Answer: What worked for them and their audience
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Answer Provided: ? The power of your experiment decreases drastically
Correct Answer: The power of your experiment decreases drastically
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Answer Provided: ? The observed traffic split is statistically significantly different from what was expected
Correct Answer: The observed traffic split is statistically significantly different from what was expected
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Answer Provided: ? The most recently recorded conversion rate of the metric you want to measure
Correct Answer: The most recently recorded conversion rate of the metric you want to measure
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Answer Provided: ? Being able to trade-offs between initiatives
Correct Answer: They have no sample size requirements
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Answer Provided: ? Customers like you also liked this.
Correct Answer: Customers like you also liked this.
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Answer Provided: ? Believe you cannot run any tests
Correct Answer: Believe you cannot run any tests
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Answer Provided: ? Increased statistical power
Correct Answer: Increased statistical power
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Answer Provided: ? Only consider best practices
Correct Answer: Only consider best practices
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Answer Provided: ? When the contents of a variation visibily change during loading because your testing tool is overriding existing code
Correct Answer: When the contents of a variation visibily change during loading because your testing tool is overriding existing code
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Answer Provided: ? All answers are correct
Correct Answer: All answers are correct
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Answer Provided: ? It is when you don't detect an effect when one exists
Correct Answer: It is when you don’t detect an effect when one exists
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Answer Provided: ? Rewriting competitors' messaging
Correct Answer: Mining customer reviews and testimonials.Rewriting competitors’ messaging
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Answer Provided: ? It is that very reason which motivates a buyer to purchase that product
Correct Answer: It is that very reason which motivates a buyer to purchase that product
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Answer Provided: ? When an experimenter believes something to be true
Correct Answer: It is a systemic preference towards something
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Answer Provided: ? Average Revenue Per User
Correct Answer: Average Revenue Per User
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Answer Provided: ? A control group that does not get exposed to a treatment/variation
Correct Answer: A control group that does not get exposed to a treatment/variation
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Answer Provided: ? p = .05 means that if you reject the null hypothesis, the probability of a type I error (aka false positive) is only 5%
Correct Answer: The p-value is the probability of obtaining a result equal to or more extreme than what was observed, assuming that the Null hypothesis is true.
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Answer Provided: ? Customers like you also liked this.
Correct Answer: Customers like you also liked this.
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Answer Provided: ? Multivariate Test
Correct Answer: Multivariate Test
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Answer Provided: ? Your competitors may copy you
Correct Answer: They may not work for you
Comments Entered: NA
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