Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75710
Authors: 
Mayer, Thomas
Year of Publication: 
2001
Series/Report no.: 
CESifo Working Paper 549
Abstract: 
Economists sometimes interpret the failure of a significance test to disconfirm a hypothesis as evidence that this hypothesis is valid. Six examples of this are cited from recent journals. But this is a misinterpretation of what significance tests show. While in general it is correct that every failure to disconfirm a hypothesis adds to its credibility, the term disconfirm is defined differently for this purpose than it is in the context of significance tests.
Subjects: 
Significance tests
t values
t coefficients
confirmation
Document Type: 
Working Paper

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