Your CEO Has Just Read a Book on Criticisms of the NHST

question 15

Multiple Choice

Your CEO has just read a book on criticisms of the NHST and worries that all company data analysis is now flawed and will lead to huge financial losses. How might you reassure her?

• A) NHST does have its flaws but if we incorporate an examination of effect sizes into our analysis, we should be able to trust our research outputs.
• B) NHST does have its flaws but everyone else uses it, therefore we should.
• C) NHST is a flawless approach and the book was probably written by a disciple of the Bayesian approach.
• D) NHST is a flawless approach and we need to invest in more data analysts who are trained in it.

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Definitions:

Psychological Loss

A non-tangible loss affecting emotional or mental well-being, such as loss of confidence, identity, or security.

Acute Care

A branch of healthcare specializing in the immediate treatment of patients with severe, often life-threatening conditions or injuries.

Disenfranchised Grief

Disenfranchised grief refers to mourning that is not acknowledged or supported by societal norms, often because the relationship, loss, or griever does not fit traditional expectations.

Motor Vehicle Accident

An incident involving one or more vehicles that causes property damage, injury, or death.