In science and health, we are often looking for results that are considered to be “statistically significant.” The golden rule is if the p-value is less than 0.05, then the result is statistically ...
Reviewed by David KindnessFact checked by Yarilet PerezReviewed by David KindnessFact checked by Yarilet Perez In statistics, a p-value is defined as In statistics, a p-value indicates the likelihood ...
Imagine, if you dare, a world without P values. Perhaps you’re already among the lucky participants in the human race who don’t know what a P value is. Trust me, you don’t want to. P stands for ...
A small p-value often means the observed data effect is statistically significant. Set a significance level to compare with the p-value to validate investment hypotheses. Utilizing p-values in Excel ...
For researchers there's a lot that turns on the p value, the number used to determine whether a result is statistically significant. The current consensus is that if p is less than .05, a study has ...
How many statisticians does it take to ensure at least a 50 percent chance of a disagreement about p-values? According to a tongue-in-cheek assessment by statistician George Cobb of Mount Holyoke ...
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Smarter hypothesis testing with statistics: How e-values can improve scientific research
During his Ph.D. research, mathematician Tyron Lardy worked on a new approach to hypothesis testing. Instead of the traditional p-value, he uses so-called e-values. These turn out to be more ...
Last week a team of 72 scientists released the preprint of an article attempting to address one aspect of the reproducibility crisis, the crisis of conscience in which scientists are increasingly ...
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