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Essay heading: Practical Uses Of Statistical Power In Business Research Studies
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September 19, 2000 |
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2 / 369 |
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Thus, in most research studies, the notion that data are gathered solely to evaluate a single hypothesis is blatantly simplistic. Accordingly, the use of power for sample size determination is not particularly helpful in most such studies.
Therefore, how can power have any practical, beneficial use in serious business research that uses multiple statistical hypothesis testing methodologies? In this article, the author proposes the use of power information as part of the decisionmaking process undertaken by the investigator subsequent to conducting a formal statistical hypothesis test... displayed 300 characters
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In particular, the author suggests that power information be used as an integral part of the decision as to whether a particular alternative hypothesis should continue to be pursued experimentally when analysis has so far led to failure to reject the null hypothesis.
Decisionmakers should take advantage of this often-overlooked source of information... displayed next 300 characters
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