p-value

Extending the Statistical Toolbox @ BSI PhD-Day 2019

What we often forget when making use of statistics in our daily research practice is that statistics itself is a rapidly developing research field that is rapidly progressing. For instance, in recent yearsBayesFactors have been proposed asan alternative to p-values and their adaptation has quickly increased in psychological papers in recent years with many scholars claiming that they should become the standard way of statistical inference. However, while people start to adopt Bayes Factors quickly, there are problems and challenges that they might often go unnoticed. Furthermore, many Bayesian statisticians themselves say that we should not use p-values and BayesFactorsand suggest yet other alternatives.