The Political Orphanage cover image

How to Spot Statistical Garbage

The Political Orphanage

00:00

The Importance of 5% Significance

There's also a flavor of statistics called Bayesianism and Bayesianism, uh, says it also matters how reasonable the hypothesis is to begin with. So if somebody wants to prove that they have the telekinetic power to move things without touching them merely with their mind, well, you're going to want to see more than 5% significance level on that. And so even a little bit of evidence is going to count. Although I, I would think that it would vary from, from field to field.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app