Statistical Significance and Meaningfulness

The soundness of a scientific conclusion of a research paper should be founded on more than statistical analysis. Other aspects such as the correct interpretation of the statistical results are critical in arriving at sound conclusions. Commonly used is the P value, which is applied in the summarization of increased complexity and quantity of data used in scientific studies. This way, the P value has gained prominence as a means to derive conclusions out of studies due to the analytical capabilities of the P value. Many scholars and readers have held the gold standard value of the P value at 0.05 or a 95% confidence level, a position that is disputed by Nahm (2017). The P value indicates the probability of a given statistical model or better, it indicates how incompatible data is with the null hypothesis. The P value, therefore, focuses more on the null hypothesis of a study as described by Nahm (2017).
Drawing upon the reasoning provided in the above paragraph, it is appropriate to express that the footnote was not consequential. The basis of rejecting the null hypothesis ought to have been expanded beyond the P value. Adjusting the P value should not be relied upon as a means to arrive at a conclusion. The interpretation of the conclusion of a scientific study should not be solely based on a single value, which has further been compromised to fit the wishes of the researcher through manipulation. As explained by Wasserstein and Lazar (2016), scientific conclusions, business, or policy decisions should not be arrived at only based on whether a p-value goes beyond a specific threshold. Wasserstein and Lazar (2016) further explain that a p-value is not a good measure of evidence when it comes to models or hypothesis. The researchers should provide more evidence about the footnote.

References
Nahm, F. S. (2017). What the P values really tell us. The Korean journal of pain, 30(4), 241-242.
Wasserstein, R. L., & Lazar, N. A. (2016). The ASA’s statement on p-values: context, process, and purpose. The American Statistician, 70(2), 129-133.

Don't use plagiarized sources. Get Your Custom Essay on
Statistical Significance and Meaningfulness
Just from $13/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code LEMONADE