There was a question yesterday about Evidence Based Medicine vs Science Based Medicine. The SBM criticism of EBM is the over-reliance on Randomized Controlled Trials that meet p=0.05, without looking at the prior probability that a treatment would help. For example, EMB would say that if you have an RCT that shows that a lucky rabbit's foot works, then you have reasonable evidence to put that into practice. The issue…
> The SBM criticism of EBM is the over-reliance on Randomized Controlled Trials that meet p=0.05, without looking at the prior probability that a treatment would help. The strength of significance testing is that it purposely doesn't try to tell you how likely something is to be true, only how likely the data you got was the result of chance assuming the treatment is no better than placebo. You're still taking the pr…
This is a danger sign - you are doing the same things the Bayesians do, just informally, less explicitly, and probably incorrectly.
The fact is that to make a good decision, eventually you need to compute a single number. This is an elementary fact of topology:
https://www.chrisstucchio.com/blog/2014/topology_of_decision...
That number will be based on some unproveable assumptions. That's a fact of Godel's incompleteness theorem, if nothing else. So given this, why is it "dubious" to make those assumptions explicit and obvious?