When to Run Bandit Tests Instead of A/B/n Tests
When should you use bandit tests, and when is A/B/n testing best?
Though there are some strong proponents (and opponents) of bandit testing, there are certain use cases where bandit testing may be optimal. Question is, when?
First, let’s dive into bandit testing and talk a bit about the history of the N-Armed Bandit Problem.
The Multi-Armed Bandit Problem
The multi-armed bandit problem is a classic thought experiment. Imagine this scenario:
You’re in a casino. There are many different …read more