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 ...
Business owners like to know how their decisions will impact their businesses. According to Harvard Business School Online, before making decisions, managers may explore the benefits of hypothesis ...
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 ...
P values indicate how incompatible the observed data may be with a null hypothesis; “P<0.05” implies that a treatment effect or exposure association larger than that observed would occur less than 5% ...
Michael Lew has received funding from the NHMRC. Yesterday’s article by Geoff Cumming, based on a very recent Proceedings of the National Academy of Science paper, argued that “null hypothesis ...
A p value of .05 has been the default ‘significance’ threshold for nearly 90 years … but is that standard too weak? Martin_Heigan For researchers there’s a lot that turns on the p value, the number ...