Strategy question

Design an evaluation framework for ads ranking on Meta.

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What this question tests

Strategic and metrics design: building a rigorous evaluation framework for a core, high-stakes ranking system.

How to approach it

  1. Clarify the goal: ads ranking should balance advertiser value, user relevance, and Meta's revenue.
  2. Define offline evaluation metrics: predicted click-through rate accuracy and predicted conversion rate accuracy against held-out data.
  3. Define online evaluation metrics: actual click-through rate, conversion rate, and revenue per impression from live A/B tests.
  4. Add guardrail metrics: user-reported ad relevance or annoyance scores, and advertiser return on ad spend.
  5. Define the decision framework: a ranking change ships only if it improves revenue without degrading user experience or advertiser value guardrails.

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