Partial thumbs up to AGES [Two-Stage / GS Designs]
Hi Hötzi,
I must say I have some sympathy for this view from AGES. To me this proves that occasionally even Austrians say something meaningful...
The whole idea about 0.052 as a kind of clinically relevant limit which popped up in Potvin's paper is taken out of the clean blue Canadian air. If we want to control the type I error rate at 5% then my interpretation is we should mean 5% and this should not so much be a discussion of decimals or even the 0.05036 binomial limit at one million sims. In perspective: eu regulators want the CI's to be within 80.00% to 125.00% - four or five significant digits or two decimals? If the latter is the case then we could try to argue accordingly that 0.054999 is not inflation. Yuck
0.05 rules.
I must say I have some sympathy for this view from AGES. To me this proves that occasionally even Austrians say something meaningful...

The whole idea about 0.052 as a kind of clinically relevant limit which popped up in Potvin's paper is taken out of the clean blue Canadian air. If we want to control the type I error rate at 5% then my interpretation is we should mean 5% and this should not so much be a discussion of decimals or even the 0.05036 binomial limit at one million sims. In perspective: eu regulators want the CI's to be within 80.00% to 125.00% - four or five significant digits or two decimals? If the latter is the case then we could try to argue accordingly that 0.054999 is not inflation. Yuck

0.05 rules.
—
Pass or fail!
ElMaestro
Pass or fail!
ElMaestro
Complete thread:
- Potvin’s TSDs in the EU Helmut 2013-10-30 18:48
- Partial thumbs up to AGESElMaestro 2013-10-30 19:26
- AGES & numeric precision Helmut 2013-10-31 15:01
- AGES & numeric precision ElMaestro 2013-10-31 18:16
- AGES & numeric precision Helmut 2013-10-31 15:01
- Potvin’s TSDs in the EU Shuanghe 2013-10-31 10:48
- Exegesis Helmut 2013-10-31 12:51
- Potvin’s TSDs in the EU ElMaestro 2013-10-31 13:04
- Partial thumbs up to AGESElMaestro 2013-10-30 19:26