SCIENCE (from the Latin for 'knowledge') informs wisdom, reason and humanism. This is a 4-legged worldview within reality that maximizes well-being for individuals and society.

Wednesday, October 12, 2016

Research Studies Have Probability Wrong

"The problem is that the p-value gives the right answer to the wrong question. What we really want to know is not the probability of the observations given a hypothesis about the existence of a real effect, but rather the probability that there is a real effect – that the hypothesis is true – given the observations. And that is a problem of induction" 

The problem with p-values 

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