RMME/STAT Joint Colloquium
Searching for Truth through Data
Dr. Edsel A. Pena
University of South Carolina
Friday, October 7, at 11:15AM ET, AUST 108
https://uconn-cmr.webex.com/uconn-cmr/j.php?MTID=m9667e91caf1197b47fc45f50529388b9
This talk concerns the role of statistical thinking in the Search for Truth using data. This will bring us to a discussion of p-values, a much-used tool in scientific research, but at the same time a controversial concept which has elicited much, sometimes heated, debate and discussion. In March 2016, the American Statistical Association (ASA) was compelled to release an official statement regarding p-values; a psychology journal has even gone to the extreme of banning the use of p-values in its articles; and in 2018, a special issue of The American Statistician was fully devoted to this issue. A main concern in the use of p-values is the introduction of a somewhat artificial threshold, usually the value of 0.05, when used in decision-making, with implications on reproducibility and replicability of reported scientific results. Some new perspectives on the use of p-values and in the search for truth through data will be discussed. In particular, this will touch on the representation of knowledge and its updating based on observations. Related to the issue of p-values, the following question arises: “When given the p-value, what does it provide in the context of the updated knowledge of the phenomenon under consideration, and what additional information should accompany it?” To be addressed also is the question of whether it is time to move away from hard thresholds such as 0.05 and whether we are on the verge of — to quote Wasserstein, Schirm and Lazar (2019) — a “World Beyond P < 0.05.”
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