Timeline for Never understood the concept of the p-value, it should be higher than 0.05
Current License: CC BY-SA 4.0
3 events
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Feb 19 at 15:45 | comment | added | Mathemagician777 | Certainly! I focussed here on the type I error since it seems that the OP was strangled with the basic concepts, but sure, it is equally important to be aware of trade-off between the type 1 and type 2 errors and their uses/(dis)advantages | |
Feb 19 at 14:52 | comment | added | Peter Flom | I mostly agree, but see my answer. Sometimes type 2 error is much worse than type 1. | |
Feb 19 at 12:03 | history | answered | Mathemagician777 | CC BY-SA 4.0 |