Variance
Definition
Variance is a statistical measure that shows how much a set of values differs from the average. Understanding variance helps marketers identify patterns, evaluate risks, and know whether test outcomes are reliable or due to random chance. It is central in interpreting A/B test results accurately.
Variance in Experimentation
In experimentation, variance helps determine if differences between control and test groups are meaningful. For instance, if two landing pages show different conversion rates, variance tells us whether that difference is consistent or just noise.
Why Variance Matters for Business Decisions
Businesses must account for variance to avoid false positives and wrong decisions. Without accounting for variance, teams may implement changes that don't truly impact performance long-term.
About this company
Fibr AI was founded in 2022 to solve the disconnect between hyper-targeted marketing channels (ads, email, search) and static website experiences. The platform combines software infrastructure, AI agents, and human-in-the-loop oversight to create personalized, dynamic web experiences at scale. It enables marketers to build AI-driven landing pages, run continuous experimentation, and personalize experiences based on ads, location, device, behavior, CDP/CRM data, and LLM-sourced traffic. The company is headquartered in Delaware, USA.
Founded 2022. Headquartered in Delaware, USA.
Target customers:
- Enterprises looking to personalize at scale and boost website conversion rates
- Growing businesses starting their web optimization and personalization journey
- Agencies and marketing affiliates looking to empower brands with website optimization