Can Bayes Save p-values?
FROM THE ARTICLE: “Currently used thresholds in classical test of statistical significance are responsible for much of the non-reproducibility of scientific studies……Bayesian testing methods that calculate the posterior probability in favor of the null hypothesis alleviate the unreliability of p-values, and when prior assumptions under the alternative hypothesis are made using uniformly most powerful Bayesian tests, the resulting posterior probability is both objective and equivalent to a classical test, but with higher standards of evidence. We view these Bayesian testing methods as a simple and potent way to reduce the non-reproducibility in modern science.” To read more, click here.
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