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Why the confidence interval (CI) is very useful. #thread #epistats
Hypothesis testing involves estimating the probability that an observed result would have occurred by chance if the null hypothesis were true.
There are limitations to hypothesis testing:
1- Viewing outcomes as dichotomous (yes/no) rather than viewing them as a continuum
2- Choosing a single cut point for “rejecting” the null hypothesis when that choice is often arbitrary
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