Initial vs. Final Precision

Recently I have written about the fundamental divide between Frequentist and Bayesian statistics that lies at the heart of many interpretations of the p-value debate. Perhaps the biggest weapon of the Bayesian camp in the intellectual dispute is the surprising fact of how often you can actually be wrong even if you have a p-value smaller than 0.05. A quite extreme example is put forward in this article. Continue reading Initial vs. Final Precision

P-values: Can we agree to disagree?

The p-value debate, started by the American Statistical Association (I wrote about it here), gained a lot of attention in the scientific community. Many people have commented on it. And the more I read, the more I got confused about what the correct way of inference from data should be. Continue reading P-values: Can we agree to disagree?