The COMPEL Glossary Graph visualizes relationships between framework terminology, showing how concepts interconnect across domains, stages, and pillars. Term nodes cluster by pillar affiliation while cross-references reveal semantic dependencies — for example, how risk appetite connects to control effectiveness, model governance, and assurance requirements. This network representation helps practitioners navigate the framework vocabulary and understand that COMPEL terminology forms a coherent conceptual system rather than isolated definitions.
COMPEL Glossary / multi-armed-bandit
Multi-armed bandit
An online experimentation strategy that shifts traffic toward better-performing variants during the experiment — trading statistical power for exploitation of early wins.
What this means in practice
Appropriate for time-sensitive or high-cost decisions; inappropriate where regulatory evidence of statistical rigor is required.
Synonyms
bandit algorithm , contextual bandit , Thompson sampling
See also
- Online evaluation — Assessment of an AI system under live traffic using randomized or sequential experimental designs — A/B test, multi-armed bandit, canary, or interleaving.