Prior probabilities and statistical significance

by [anonymous] 1 min read24th May 20157 comments


How does using priors affect the concept of statistical significance? The scientific convention is to use a 5% threshold for significance, no matter whether the hypothesis has been given a low or a high prior probability.

If we momentarily disregard the fact that there might be general methodological issues with using statistical significance, how does the use of priors specifically affect the appropriateness of using statistical significance?