How are probabilities expressed?
As percentages
How are odds expressed?
As a fraction
What does the p value have to be in order to be considered significant?
<0.05
What is the main problem with p-values?
Significance tells us nothing about importance
What is deductive reasoning?
A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true
What is inductive reasoning?
A logical process in which multiple premises, all believed to be true or found true most of the time, are combined to obtain a specific conclusion