medium10 pts · first answer countsstatisticsab-testing

What a p-value means

An A/B test reports p = 0.03 for the difference in conversion rate. Which statement is correct?

A.There is a 97% chance the new version is betterB.The new version improves conversion by 3%C.There is a 3% chance the null hypothesis is trueD.If there were truly no difference, a result at least this extreme would happen about 3% of the time

← Running total of sales Reading a cohort retention table →