4 ms·
This is clearly a cost/benefit tradeoff, and the sweet spot will depend entirely on the field. If you are studying the behavior of heads of state, getting an ad
by phreeza 5y ago
This is clearly a cost/benefit tradeoff, and the sweet spot will depend entirely on the field. If you are studying the behavior of heads of state, getting an additional N is extremely costly, and having a p=0.05 study is maybe more valuable than having no published study at all, because the stakes are very high and even a 1% chance of (for example) preventing nuclear war is worth a lot. On the other hand, if you are studying fruit flies, an additional N may be much cheaper, and the benefit of yet another low effect size study may be small, so I could see a good argument being made for more stringent standards. In fact I know that in particle physics the bar for discovery is much higher than p=0.05.
- bongoman37 5y agoWhat if it's the other way round and a p<0.05 study says that the best way to make sure a rival country does not do a nuclear strike on you first is to do a massive nuclear strike on them first?