Hypothesis testing is not bulletproof

Hypothesis testing is not bulletproof

Design thinking process has evolved over the years and most of the practitioners use data driven approach to continuously validate their approach.

No alt text provided for this image

When it comes to lean startup approach, we go one step further to do hypothesis testing.

No alt text provided for this image
Hypothesis testing is great tool, however it is not bullet-proof. Various biases can lead Lean startups to fail, despite heavily using hypothesis testing. It is very difficult to recognize our biases and somehow correlation takes a huge way in our hypothesis testing.

To understand more about co-relation and causation, let's consider a simple example in the diagram below.

No alt text provided for this image

Sometimes cartoons gets the message quickly.

No alt text provided for this image
No alt text provided for this image
No alt text provided for this image
No alt text provided for this image


Thus in most Lean startups, the founders are confident about their hypothesis testing; blinded to the fact that most of the times, correlation has steamrolled causation.
No alt text provided for this image

Thus it is very important to test several hypothesis together to validate the link of correlation or causation.

No alt text provided for this image

Credits:


shantharaja B,

CISSP?| IIM B | DCDPO | CTMP | ECSA | CEH | EC-Council Mentor

5 年

Excellent !!!.

回复

要查看或添加评论,请登录

Harish Ramakrishna的更多文章

  • Behavioral Agile

    Behavioral Agile

    I am fond of remembering Zen Ex Machina quoting Agile mindset is nothing without behavior. To have an agile mindset…

    37 条评论

社区洞察

其他会员也浏览了