From the course: Excel for Marketers (2023)
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Calculating statistical significance - Microsoft Excel Tutorial
From the course: Excel for Marketers (2023)
Calculating statistical significance
- [Instructor] As a marketer, you'll be running a lot of A/B tests. It's important for you to know how to calculate if the results of your test were significant, or just some random coincidence. This is an A/B test significance calculator. We have all the steps that you have to calculate in order to calculate the statistical significance for the control and the variation. On the right hand side, we have all these functions and that tells you exactly what to do. So, we're going to follow that. First, let's calculate the conversion rate. Which is just the number of conversions, divided by the visitors. Going to drag this along. And then the next thing we need to do, is calculate the conversion rate, which we just calculated above. Multiplied by one minus the conversion rate. And then we need to ... divide that by the number of visitors. And then the whole thing needs to be wrapped in the square root. Okay. Let's…
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Contents
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Analysis with tables, totals, and filters5m 12s
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Joining multiple data sets together3m 41s
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Segmenting your data with PivotTables3m 39s
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Plotting your data visually with charts4m 26s
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Finding daily, weekly, and monthly trends3m 44s
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Building a weekly report template5m 10s
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Building a performance dashboard6m 39s
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Cell extraction for further segmentation7m 22s
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The long tail and the 80/20 rule5m 21s
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Calculating statistical significance4m 22s
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