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Seeking Wisdom with David Cancel

#Growth 9: A/B Testing & Bayesian Statistics with Intellimize's Guy Yalif

Seeking Wisdom with David Cancel

Molly Sloan

Business, Entrepreneurship

5610 Ratings

🗓️ 3 April 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

On today's episode of #Growth, host Matt Bilotti is talking all about testing – A/B testing to be exact. He breaks down the best ways to test, teaches us all about Bayesian Statistics and chats through this and more with Guy Yalif, co-founder and CEO of Intellimize.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to another episode of hashtag growth.

0:12.0

I am your host, Matt Pilate, and I am super excited to be joined by one of the most knowledgeable guys I know on the topic of AB testing to talk all about

0:23.0

AB testing. And his name is Guy Yaleef. And I'm so excited to have him. Thanks for joining, Guy.

0:28.6

Matt, thanks for having me. Great to be here. Yeah. So today, what I want to talk about is I know people

0:34.3

are pretty familiar on basic AB testing. You know, you run two things at the same

0:39.8

time and one does better than the other and then you pick one and you kind of run forward with that.

0:44.4

But more recently, I've been learning about this thing called Bayesian Statistics. And through one of

0:49.6

the tools that we use at Drift, which Guy is the CEO of called Intellemize, it incorporates this Bayesian

0:55.7

statistics approach, which as I've learned more and more about it and was very, very confused at

1:00.3

the beginning as to what it meant and how exactly it worked, as I learned more and more,

1:04.0

I realized that it really feels like the future of A-B testing for a lot of different reasons

1:09.5

and excited to go a little bit further into that.

1:11.7

So Guy, maybe if you want to give a quick intro on your background and then we can dive right into the topic.

1:16.7

Sounds great, Matt.

1:18.2

And yes, it'll be interesting to dig further into it.

1:20.6

I am an aerospace engineer.

1:22.6

I spent half of college coding AI to design airplanes.

1:26.1

Thought I was going to do that for the rest of my life and love the idea.

1:29.0

I then spent 10 years as a product guy and 10 years as a marketing guy before starting Intellemize with two long-time machine learning friends.

1:37.4

And we automatically optimize websites by personalizing the experience for each individual visitor.

1:43.9

And Bayesian Statistics is one of several techniques we use to help do that better.

1:48.5

Very cool.

...

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