منابع مشابه
Median of the p Value Under the Alternative Hypothesis
Due to absence of an universally acceptable magnitude of the Type I error in various elds, p values are used as a wellrecognized tool in decision making in all areas of statistical practice. The distribution of p values under the null hypothesis is uniform. However, under the alternative hypothesis the distribution of the p values is skewed. The expected p value (EPV) has been proposed by aut...
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The misinterpretation and misuse of p-value have been increasing for decades. In March 2016, the American Statistical Association released a statement to warn about the use and interpretation of p-value. In this study, we provided a definition and discussion of p-value and emphasized the importance of its accurate interpretation.
متن کاملThe value of innovation under value-based pricing.
OBJECTIVE The role of cost-effectiveness analysis (CEA) in incentivizing innovation is controversial. Critics of CEA argue that its use for pricing purposes disregards the 'value of innovation' reflected in new drug development, whereas supporters of CEA highlight that the value of innovation is already accounted for. Our objective in this article is to outline the limitations of the convention...
متن کاملTesting Value vs Waiting Value in Environmental Decisions under Uncertainty
This paper introduces the concept of the Testing Value into the analysis of environmental decisions under uncertainty and irreversibility. This value emerges in situations where the probability of receiving information concerning future economic bene ts and costs of development depends on the level of development carried out. We show that when information may be acquired also exogenously, the T...
متن کاملQuasi−option value under ambiguity
Real investments involving irreversibility and ambiguity embed a positive quasi−option value under ambiguity (q.o.v.a.), which modifies the evaluation of an investment decision involving depletion of natural resources by increasing the value of delaying. Q.o.v.a. depends on the specific decision−maker attitude towards ambiguity, expressed by a capacity on the state space. An empirical measure o...
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ژورنال
عنوان ژورنال: Ergo, an Open Access Journal of Philosophy
سال: 2018
ISSN: 2330-4014
DOI: 10.3998/ergo.12405314.0005.022