I'm interested in split testing multiple ads with Google's
Ad
Optimizer enabled. As you know, Ad optimizer will shows the
better
performing ad more often, so it accrues more impressions,
and
therefore more clicks.
There is a fairly simple statistical equation for
determining a
winning ad based upon # of clicks for a true A/B ad split
test.
However, the quicker form of testing using the Ad Optimizer
is based
upon impressions.
For example, Ad 1 has accrued 821 clicks & 51,567
impressions for a
1.59% CTR. Ad 2 has accrued 51 clicks & 3,385
impressions for a 1.50%
CTR. Based upon clicks & impressions, how confident
should I be that
Ad 1 is the long-term better performing ad?
Here's what my Adwords Rep said:
"I can't really give you a specific number number that
would yield a 95% confidence interval because there are so
many
factors
involved. I can say that for making decisions about ad
deletion,
impressions is the metric that makes the most sense sense
(at least as
a
measure of duration). Making decisions based on click
numbers is
somewhat
flawed because, depending upon CTR, the number of clicks
doesn't
necessarily give a solid idea of the the amount of exposure
the ad has
received (essentially, your sample size in a more
traditional
experiment)."
Thanks.
-Josh
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