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I can understand why you see it this way, but still disagree: (1) p-values make significance the target, and thus create incentives for underpowered studies, misspecified analyses, early stopping (monitoring significance while collecting data), and p-hacking. (2) p-values separate crucial pieces of information. It represents a highly specific probability (of the observed data, given the null hypothesis is true), but does not include effect size or a comprehensive estimate of uncertainty. Thus, to be useful, p-values need to be combined with effect sizes and ideally simulations, specification curves, or meta-analyses. Thus my primary problem with p-values is that they are an incomplete solution that is too easy to use incorrectly. Ultimately, they just don't convey enough information in their single summary. CIs, for example, are just as simple to communicate, but much more informative. |