Standard error
Previously we observed how to calculate the standard deviation using the .std()
method. In this exercise, you will explore how to calculate standard deviation for a conversion rate, which requires a slightly different procedure. You will calculate this step by step in this exercise.
Loaded for you is our inner merged dataset purchase_data
as well as the computed conversion_rate
value.
Este exercício faz parte do curso
Customer Analytics and A/B Testing in Python
Instruções do exercício
- Find the number of paywall views in the dataset using
.count()
. Store this inn
. - Calculate a quantity we will call
v
by finding theconversion_rate
times the rate of not converting. - Now find our variance,
var
, by dividingv
byn
. This is the variance of our conversion rate estimate. - Finally the square root of
var
has been taken and stored as the variablese
for you. This is the standard error of our estimate.
Exercício interativo prático
Experimente este exercício completando este código de exemplo.
# Find the number of paywall views
n = purchase_data.purchase._____
# Calculate the quantitiy "v"
v = _____ * (1 - conversion_rate)
# Calculate the variance and standard error of the estimate
var = _____ / _____
se = var**0.5
print(var)
print(se)