I’m not enough of a quantitative analyst to have anything sensible to say about this discussion, but it’s too good to let disappear in my del.icio.us-links. It’s about the problem of significance testing – and as quanititative analysis is used in a lot of political science research and policy analysis then it’s worth pointing (myself) to.
Andrew Gelman received this question:
Is statistical significance and Fisher tests of significance as maligned and problematic as McCloskey and Ziliak claim? In your professional opinion, what is the proper use of seeking to scientifically prove that a result is valid and important?
And answered with no less than two blogposts: 1) Significance testing in economics: McCloskey, Ziliak, Hoover, and Siegler, and 2) More on significance testing in economics.
If you want a serious discussion about this, you should call one of these gentlemen: Mr. E or Mr. H.
PS: The title of the post? Inspired by this.