What this tells you
A winning-looking number is often just luck.
Statistical significance is the probability that the gap in conversion rates between your Control and Variation is not down to random chance. The industry standard is 95% confidence, meaning only a 5% chance the result is a false positive.
Human intuition is poor at probability. A variation can look like it is winning, for example 50 conversions against 40, when mathematically that difference could easily happen by luck. This calculator does the maths so you decide on evidence, not a hunch. The default numbers are illustrative, swap in your own.