As we continue to explore video here and there (you can subscribe to our channel on YouTube just in case you want to be ready for a deluge of material, should that ever come to pass), Tim put together a 20-minute explanation of the underlying statistical mechanics of a metric like conversion rate.
Does it sound like a snoozer? Did we mention that he did the whole thing in the format of xkcd.com?! And it was built using R (he is soooo predictable)?!
As a handy reference:
We’d love to hear what you think of it!