articlePerspectives on Psychological ScienceNov 1, 2014Closed access

Beyond Power Calculations

Columbia University · The University of Melbourne · +1 more institution

PubMed
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Abstract

Statistical power analysis provides the conventional approach to assess error rates when designing a research study. However, power analysis is flawed in that a narrow emphasis on statistical significance is placed as the primary focus of study design. In noisy, small-sample settings, statistically significant results can often be misleading. To help researchers address this problem in the context of their own studies, we recommend design calculations in which (a) the probability of an estimate being in the wrong direction (Type S [sign] error) and (b) the factor by which the magnitude of an effect might be overestimated (Type M [magnitude] error or exaggeration ratio) are estimated. We illustrate with…

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Topics & keywords

Keywords
  • Psychology
  • Power (physics)
  • Computer science
  • Physics
  • Quantum mechanics
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