Here are some examples of real-world statistical analyses that don’t use p-values and significance testing
Here are some examples of real-world statistical analyses that don’t use p-values and significance testing Your results from a hypothesis test are statistically significant. Bravo! Are these results important? Not so. Significance not necessarily mean the results are practically significant in real world Statistical Analysis . In this blog post, I will list out few examples of real world statistical analyses that do not use p-value and significance testing. Before that, let us understand what exactly the p-value mean? Statswork is one among the country’s leader in providing Data Analysis Services and Statistical Consulting Services. Contact Statswork for availing our services. P-value The same scenario as above have been faced by many data scientist when we talk about the p-value, isn’t it? Well, sometimes the simplest definition of p-value tend to be complicated. Technically, a p-value is the probability of obtaining an effect at least