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This Calculator uses the most accepted Statistics Equation(chi
squared) to determine whether or not the results from a Split Test
are valid. You can also use this when testing different PPC Ads.
Just put impressions for visitors and clicks for sales.
Equation for Chi-Squared:

Don't worry, you don't have to know what that means, the calculator
will do it all for you. Simply enter your test results below in
the correct place and click "Calculate."
Split
Test Statistical Significance Calculator |
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Why should you use this Calculator? Because it's the only way to
know if the results you're getting are really accurate.
Many people test themselves right out of business because they
aren't patient enough to wait for Statistically Significant results
or because they take the advice of Marketers who know nothing about
statistics.
Waiting for 40 or even 100 actions(sales/opt-ins) is better than
nothing but it will almost certainly lead you to making a few bad
decisions along the way that will cost you money.
I also recommend you stay away from the Statistical Significance
Calculators sold by other marketers. One of them that will remain
unnamed is supposedly based on some lost mathematic algorithm. When
I tested it, it gave some very bad advice and looked to be about
as good as asking a magic eight ball.
Don't forget there's a chance you will never get a statistically
significant result if the change you made had no real effect. If
you've been testing something for a long time and you don't see
any real difference in your conversion rates, you should consider
moving on and testing something else.
Remember... Testing is a scientific process. Direct Marketer's
let the results do the talking. It's not what you like that matters,
it's what makes your customers buy that matters.
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