3 ms·
> It seems at least part of the fetishization of p < 0.05 has arisen from its common use as the cutoff point in drug clinical trials, and thus represent a make
by avs733 9y ago
> It seems at least part of the fetishization of p < 0.05 has arisen from its common use as the cutoff point in drug clinical trials, and thus represent a make or break point in a multi-billion dollar industry.
I think that is a bit recursive. Its not so much a fetishization as it is a misunderstanding that results in it being a valuable target.
It would be a heck of a lot more useful as a target (and granted...I would argue the target should be more like .001) if more research adopted Bayesian statistical techniques where you can't as easily P hack.