If you cast a wide enough net, you’ll find what looks like a prize-winning fish. But you’ll also catch a lot of seaweed, plastic debris, and maybe even a dolphin you didn’t mean to bring in. Such is ...
For decades, scientists have been using the probability value, commonly known as p-value, to test the significance of their findings. The p-value falls from 0 to 1, and the lower the number, the ...
A small p-value often means the observed data effect is statistically significant. Set a significance level to compare with the p-value to validate investment hypotheses. Utilizing p-values in Excel ...
The pursuit of science is designed to search for significance in a maze of data. At least, that’s how it’s supposed to work. To support or refute a hypothesis, the goal is to establish statistical ...
Last week a team of 72 scientists released the preprint of an article attempting to address one aspect of the reproducibility crisis, the crisis of conscience in which scientists are increasingly ...