ROPE
The Region of Practical Equivalence in statistics delineates a zone around a baseline where differences, though statistically significant, are considered trivial in practical terms. In experimentation, ROPE enables the early discontinuation of variations that are statistically unlikely to outperform the baseline, helping you avoid wasting time and resources on ineffective changes. Further, if you want to test whether a variation is equivalent or better (but not worse) than the baseline,…