The fallacy of placing confidence in confidence intervals – A commentary
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Date
2/05/2017
Open Access Location
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Open Science Framework (OSF)
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Abstract
‘The fallacy of placing confidence in confidence intervals’ (Morey et al., 2016, Psychonomic Bulletin & Review, doi: 10.3758/s13423-015-0947-8) delved into a much needed technical and philosophical dissertation regarding the differences between typical (mis)interpretations of frequentist confidence intervals and the typical correct interpretation of Bayesian credible intervals. My contribution here partly strengthens the authors’ argument, partly closes some gaps they left open, and concludes with a note of attention to the possibility that there may be distinctions without real practical differences in the ultimate use of estimation by intervals, namely when assuming a common ground of uninformative priors and intervals as ranges of values instead of as posterior distributions per se.
Description
Keywords
Statistical inference, Credible interval, Confidence interval
Citation
2017