On page 606, of Lock et al “Statistics: Unlocking the Power of Data”, the authors state in item D “The p-value from the ANOVA table is 0.000 so the model as a whole is effective at predicting grade point average.” Ah no.
library(data.table) library(mvtnorm) rho <- 0.5 n <- 10^5 Sigma <- diag(2) Sigma[1,2] <- Sigma[2,1] <- rho X <- rmvnorm(n, mean=c(0,0), sigma=Sigma) colnames(X) <- c("X1", "X2") beta <- c(0.01, -0.
Here is the motivating quote for this post, from Andrew Gelman’s blog post “Five ways to fix statistics”
I agree with just about everything in Leek’s article except for this statement: “It’s also impractical to say that statistical metrics such as P values should not be used to make decisions. Sometimes a decision (editorial or funding, say) must be made, and clear guidelines are useful.” Yes, decisions need to be made, but to suggest that p-values be used to make editorial or funding decisions—that’s just horrible.