Assessfy Research Lab Advanced 6 milestones 100 marks

Research: Sequential Analysis in A/B Testing: Enhancing Conversion Rate Optimisation wi...

Field: Marketing & Sales Type: Research project Bloom: Create / Evaluate Level: Final-year / PG capstone Inspired by: MIT / Stanford / Oxford research agendas

Real-world project · AICTE-aligned · AI-graded · Audit-ready certificate

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About this project
Research: Sequential Analysis in A/B Testing: Enhancing Conversion Rate Optimisation with Early Stopping Rules

Research question: How does the integration of sequential analysis into A/B testing frameworks affect the statistical power and efficiency of conversion rate optimisation in digital marketing campaigns?

Background & Motivation: A/B testing is a cornerstone methodology in digital marketing for measuring the impact of website or campaign changes on key conversion metrics. Traditionally, these tests run for a fixed duration or until a predetermined sample size is reached, often delaying actionable insights and potentially increasing costs.

Research Gap / Question: While sequential analysis methods allow for interim data evaluation and early stopping, their application in marketing A/B testing remains underexplored. The core question is whether sequential analysis can improve the efficiency and reliability of conversion rate optimisation without inflating Type I error rates.

Approach & Expected Contribution: This project systematically reviews the literature on sequential analysis and A/B testing, develops a simulation-based and empirical framework, and compares traditional and sequential A/B methodologies using real or synthetic campaign data. Expected contributions include practical guidelines for marketers and statistical insights into error control, test duration, and resource allocation.

Why It Matters: Improving the speed and reliability of conversion optimisation directly impacts marketing ROI. The findings will inform digital marketers, analysts, and business decision-makers seeking to adopt more adaptive and cost-effective experimentation strategies.

Milestones
1. Literature Review & Problem Definition
15 marks 21d
Conduct a comprehensive review of A/B testing and sequential analysis literature, clarifying the research gap and context.
2. Research Proposal & Hypotheses
10 marks 14d
Formulate research hypotheses and refine the study’s aims, scope, and contribution following supervisor feedback.
3. Methodology & Experimental Design
18 marks 21d
Develop the methodology, including simulation parameters, statistical tests, and selection of datasets or experimental settings.
4. Data Collection / Experimentation
15 marks 21d
Gather or simulate relevant marketing data and execute A/B tests using both fixed-horizon and sequential analysis frameworks.
5. Analysis & Results
22 marks 28d
Analyse results, comparing statistical power, error rates, and resource efficiency between methodologies; interpret findings.
6. Thesis Write-up & Defense
20 marks 21d
Compile the research into a formal thesis, incorporating feedback, and prepare for oral defense to examiners.
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Skills you'll learn
ResearchMarketing & SalesLiterature review in marketing analytics and statistical testingExperimental design for digital marketing experimentsSimulation and statistical analysis (e.g.hypothesis testingsequential methods)Data collection and cleaning (synthetic and/or real-world campaign data)Critical evaluation of methodological assumptions and limitationsAcademic writing and presentationDomain knowledge in digital marketing and conversion optimisation
Tools used
Python (NumPypandasstatsmodelsSciPy)R (basetidyverseSequential package)Simulated and/or public digital marketing datasets (e.g.Kaggle conversion data)Statistical tests (chi-square testz-test for proportionsWald test)Sequential analysis methods (e.g.PocockO'Brien-FlemingBayesian approaches)Data visualisation tools (Matplotlibggplot2)Version control (GitHub)
Prerequisites
Statistics and Probability for Business AnalyticsMarketing Analytics or Digital Marketing FundamentalsExperimental Design or Research MethodsIntroductory Programming (e.g.Python or R)
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