Hypothesis testing and theory evaluation at the boundaries: Surprising insights from Bayes's theorem.
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TL;DR
By considering a wide range of possible values for the unknown variables, it is possible to calculate a range of theoretical values for p(H0\F) and to draw conclusions about both hypothesis testing and theory evaluation.
Abstract
Because the probability of obtaining an experimental finding given that the null hypothesis is true [p(F\H0)] is not the same as the probability that the null hypothesis is true given a finding [p(H0\F)], calculating the former probability does not justify conclusions about the latter one. As the standard null-hypothesis significance-testing procedure does just that, it is logically invalid (J. Cohen, 1994). Theoretically, Bayes's theorem yields p(H0\F), but in practice, researchers rarely know the correct values for 2 of the variables in the theorem. Nevertheless, by considering a wide range of possible values for the unknown variables, it is possible to calculate a range of theoretical values for p(H0\F) and to draw conclusions about both hypothesis testing and theory evaluation.
