3 ms·
A good solution would be to simply reduce the p-value threshold. The current "standard" p-value in many fields, of 5%, is arguably too high. consider throwing
by air7 9y ago
A good solution would be to simply reduce the p-value threshold.
The current "standard" p-value in many fields, of 5%, is arguably too high. consider throwing a double six in backgammon has probability of 3%. That means that, on some level, throwing 6-6 would be a valid scientific "proof" of ESP. (p-value<0.05)
This of course is even before p-hacking.
A high p-value is basically externalizing part of the research cost onto other scientists and in the process creates a lot of false-positive "noise".