
Chime wants to test a redesigned sign-up flow on its landing page to increase completed account applications without hurting downstream quality. A 14-day randomized experiment was run on new visitors to Chime's landing page.
Evaluate whether the new sign-up flow improves the primary conversion metric enough to justify rollout, and quantify the uncertainty around the lift.
| Group | Visitors | Completed Sign-Ups | Conversion Rate |
|---|---|---|---|
| Control (current flow) | 52,400 | 6,131 | 11.7004% |
| Treatment (new flow) | 52,050 | 6,534 | 12.5533% |
Additional experiment parameters:
| Parameter | Value |
|---|---|
| Significance level | 0.05 |
| Test type | Two-sided |
| Planned power | 0.80 |
| Baseline conversion for planning | 11.7% |
| Minimum detectable effect for planning | 0.8 percentage points |
{"alpha":0.05,"power":0.8,"control_n":52400,"treatment_n":52050,"control_rate":0.117004,"mde_absolute":0.008,"baseline_rate":0.117,"treatment_rate":0.125533,"control_conversions":6131,"treatment_conversions":6534}Output(none)