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Statistics, experimentation, causal reasoning · insight-0015

Treat a p-value just under 0.05 as weak evidence that needs replication, not a verdict

Evidence type
documented fact
Difficulty
easy
Roles
Data scientist, Data analyst
Industries
cross-industry

Summary: situation, action, reason, boundary

  1. Situation

    A test ends at p = 0.04 on the primary metric and the readout says "statistically significant, ship it".

  2. Action

    Report the interval and effect size, compare them with the decision threshold, and weigh prior evidence from similar changes. For costly or irreversible decisions, replicate or run a confirmation period before scaling.

  3. Reason

    A p-value measures incompatibility with a null model, not the probability the effect is real, and it varies widely between replications of the same design.

  4. Boundary

    Experiments, model comparisons and observational analyses that feed investment decisions.

Symptom or risk

A borderline result carries little evidence on its own; with many tests per quarter, a share of such wins are false, and the team builds roadmaps on them.

Exceptions

Cheap, reversible changes where a false positive costs little can ship on weaker evidence with monitoring.

Trade-offs

Replication slows the cadence; skipping it spends credibility.

Pitfalls

Re-running only the borderline-positive tests, which biases the portfolio toward chance wins.

Lessons and concepts

Claims and their sources