Tag Archive | Regression Modeling

The p-value Debate Has Reached SCM Research

We should not ignore that researchers – in general but also in supply chain management – are not always as properly trained to perform data analysis as they should be. A highly visible discussion is currently going on regarding the prevalent misuses of p-values. For example, too often research has been considered as “good” research, just because the p-value passed a specific threshold – also in the SCM discipline. But the p-value is not an interpretation, it rather needs interpretation! Some statisticians now even prefer to replace p-values with other approaches and some journals have decided to ban p-values. Based on this ongoing discussion, the influential American Statistical Association has now issued a Statement on Statistical Significance and p-values. It contains six principles underlying the proper use and interpretation of the p-value. As a discipline, we should take these principles seriously: in our own research, but also when we review the manuscripts of our colleagues.

Wasserstein, R., & Lazar, N. (2016). The ASA’s Statement on p-values: Context, Process, and Purpose. The American Statistician https://doi.org/10.1080/00031305.2016.1154108