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I think you might be conflating two related-but-different arguments. There is consensus that a p-value of 0.95 is reasonable. No one is arguing against that pa
by probably_wrong 7y ago
I think you might be conflating two related-but-different arguments.
There is consensus that a p-value of 0.95 is reasonable. No one is arguing against that parameter in particular.
The argument is rather against the idea of statistical significance itself, because it's relatively easy to cheat if you are dishonest. Setting p to 0.01 won't change that.
Finally, and this is my personal opinion, there is "consensus" for abolishing statistical significance the same way there's "consensus" that Python is the best programming language. Scientists are more or less in agreement that it could be better, but "mildly displeased scientists call for unclear improvement" is not as good a headline.
- deleted 7y ago[deleted]
- 6gvONxR4sf7o 7y agoThere is not consensus that the current threshold is reasonable. There are many big names arguing against that parameter in particular. See e.g. Redefine statistical significance. The authors list is practically a who's who https://psyarxiv.com/mky9j https://psyarxiv.com/mky9j >One Sentence Summary: We propose to change the default P-value threshold for statistical significance for claims of new discoveries from 0.05 to 0.005.