Creating a lift function
Lift can be calculated by calculating the difference between the treatment effect (or the mean) of the treatment compared to the treatment effect of the control divided by the treatment effect of the control. The formula for lift can be found below:
$$\frac{\text{Treatment conversion rate - Control conversion rate}}{\text{Control conversion rate}}$$
The result is the percent difference between the control and treatment.
In this exercise, you will create a function to automate the process of calculating lift. Many marketing teams run tests constantly. The more that you can automate the parts of the process that occur within every test, the more time you will have to do more interesting analyses.
This is a part of the course
“Analyzing Marketing Campaigns with pandas”
Exercise instructions
- Calculate the mean of
a
andb
usingnp.mean()
. - Use
a_mean
andb_mean
to calculate the lift of the treatment. - Print the results of the
lift()
function you created using thecontrol
andpersonalization
variables.
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
def lift(a,b):
# Calcuate the mean of a and b
a_mean = ____
b_mean = ____
# Calculate the lift using a_mean and b_mean
lift = ____
return str(round(lift*100, 2)) + '%'
# Print lift() with control and personalization as inputs
print(lift(control, personalization))