AI solution and intuition refresher
Before you enjoy seeing your AI in action, let's refresh our memories and adapt the whole Thompson Sampling AI model to this new problem.
By the way, if you don't like this e-commerce business application, feel totally free to imagine yourself back into the casino, surrounded by nine slot machines having the same conversion rates as the ones given to our strategies. It's exactly the same scenario; the 9 strategies could very well be nine slot machines giving with the same conversion rates either a 1 reward (making you money) or a 0 reward (taking your money). Your goal would be to figure out as quickly as possible which slot machine has the highest chance of giving you the jackpot! It's up to you. Feel free to either go for Vegas or the AI Street, but as far as this chapter is concerned, I'll stick with our e-commerce business.
For starters, let's remind ourselves that each time we show an ad to a new...