Friday, January 12, 2018 6:44:46 PM
(Earlier Exchange)
Don’t sweat the P value too much when it’s early - esp for a condition like OM w next-to-nil viable treatments
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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136803687
Some common misperceptions about p-values
"For a certain Phase II clinical trial, where the safety and efficacy of a new treatment is still being explored, one can argue for a more liberal alpha to give the treatment a higher level of the benefit of doubt, especially when the disease or condition have only a few, if any, effective treatment options. If it should pass, it would be weeded out in a Phase III trial with a more stringent significance level."
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4245357/
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