Dennis Lindley’s Second Paradox
What is commonly referred to as “Lindley’s paradox” exposed a deep philosophical divide between frequentist and Bayesian testing, namely that, regardless of the prior distribution used, high-N data that show a significant p-value may at the same time indicate strong evidence in favor of the null hypothesis (Lindley, 1957). This “paradox” is due to Dennis Lindley, one of the most…
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