Arbeitspapier
Misinterpreting a failure to disconfirm as a confirmation: A recurrent misreading of significance tests
When a significance test fails to disconfirm a hypothesis economist often interpret this as evidence that this hypothesis is valid. Six such examples are cited from recent journals. But this is a misinterpretation of what significance tests show. Presumably this misinterpretation is founded on the valid principle that every failure to disconfirm a hypothesis adds to its credibility. But that principle defines a failure to disconfirm in a way that differs sharply from the way that this phrase is used in the context of significance tests. Some ways of ameliorating this problem exist.
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. 01-8
- Klassifikation
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Wirtschaft
- Thema
-
significance tests
t values
t coefficients
confirmation
Statistischer Test
Theorie
- Ereignis
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Geistige Schöpfung
- (wer)
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Mayer, Thomas
- Ereignis
-
Veröffentlichung
- (wer)
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University of California, Department of Economics
- (wo)
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Davis, CA
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Mayer, Thomas
- University of California, Department of Economics
Entstanden
- 2001