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7 - Metrics for Experimentation and the Overall Evaluation Criterion

from Part II - Selected Topics for Everyone

Published online by Cambridge University Press:  13 March 2020

Ron Kohavi
Affiliation:
Microsoft
Diane Tang
Affiliation:
Google
Ya Xu
Affiliation:
LinkedIn
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Summary

Why you care: To design and run a good online controlled experiment, you need metrics that meet certain characteristics. They must be measurable in the short term (experiment duration) and computable, as well as sufficiently sensitive and timely to be useful for experimentation. If you use multiple metrics to measure success for an experiment, ideally you may want to combine them into an Overall Evaluation Criterion (OEC), which is believed to causally impact long-term objectives. It often requires multiple iterations to adjust and refine the OEC, but as the quotation above, by Eliyahu Goldratt, highlights, it provides a clear alignment mechanism to the organization.

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Chapter
Information
Trustworthy Online Controlled Experiments
A Practical Guide to A/B Testing
, pp. 102 - 110
Publisher: Cambridge University Press
Print publication year: 2020

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