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Beware Of Statistical Significance: What The P value Really Tells Us

The American Statistical Association (ASA) gathered more than two dozen experts to develop a consensus on statistical significance and p-values and issued a statement on it in 2016. But what prompted the ASA for the very first time to issue…

Here’s Why Data Scientists Shouldn’t Rely Too Much On P-Values In Machine Learning Experiments

Statistical concepts go hand-in-hand with machine learning, but may not always fulfil capabilities to the latter. At times, machine learning models cannot perform better if certain statistical revisions are made in them. Then again, it is open to interpretation and…

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