The Multi-armed Bandit
The Multi-Armed Bandit
Now… what if you need to test MORE than just A and B? What if you’ve got, say… FOUR options? That’s when the Multi-Armed Bandit takes the stage.
Here’s how it plays out:
- It tests all the four contenders on JUST 20% of your audience.
- Once it finds the TOP contender, that winner gets served to the remaining 80% of your audience.
The result? Maximum gains. Minimal waste. And the testing? It never stops. The Bandit just keeps searching for… something even better.
Linked references