Cents Quote by Ronald Fisher
“If one in twenty does not seem high enough odds, we may, if we prefer it, draw the line at one in fifty (the 2 per cent. point), or one in a hundred (the 1 per cent. point). Personally, the writer prefers to set a low standard of significance at the 5 per cent. point, and ignore entirely all results which fail to reach this level. A scientific fact should be regarded as experimentally established only if a properly designed experiment rarely fails to give this level of significance.”
About This Quote
Source Book: Statistical Methods for Research Workers, 1925
Statistical significance thresholds are conventions; Fisher suggests a 5% cutoff for deeming results reliable.
In simple terms: Use 5% as a standard for significance.
Adopt a clear significance level.
Themes
Mood
Type
When to use this quote
- clinical trials
- psychology studies
- economics research
- policy analysis
Key Concepts
Questions to Reflect On
- Is a 5% cutoff always appropriate?
- How do you handle results near the threshold?
Different fields may require stricter or looser thresholds.