The Relationship Between Bandits and Equation Tests

The idea of bandits is a bit different than the equation tests, though. Bandits want to improve the performance during the time that they're being run. With tests it's like, okay, we need an outcome by this date. Also, I think estimation, so the effect size and confidence intervals, things like that, are much more the focus of sequential tests. But then the analysis is much more difficult statistically, and also it's less efficient.