Statistical significance is a critical concept in data analysis and research. In essence, it’s a measure that allows researchers to assess whether the results of an experiment or study are due to ...
P-values are the statistical coin of the realm in determining the significance, at least statistically, of a randomized controlled study – our gold standard. But might we apply a different metric to ...
Success is hard to come by in drug development. “On average, 50% of phase III trials with novel therapeutics fail,” says Subha Madhavan, vice president and head of AI/ML at Pfizer. “A primary reason ...