Experiment Nation: The Podcast cover image

S3E21 - A/B Testing Statistics Concepts Experimenters must know with Ronny Kohavi

Experiment Nation: The Podcast

NOTE

The High Failure Rate of Experiments at Microsoft, Bing, and Airbnb

Many people at Microsoft were initially in denial about the low success rate of their product planning and releasing. However, when an experimentation platform was built, it revealed that about 60-70% of ideas failed to make any significant impact on key metrics. In the more optimized domain of Bing, this failure rate rose to 85%. Similarly, at Airbnb, 92% of machine learning models designed to optimize search failed to improve metrics.

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