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[Confidence interval or p-value--similarities and differences between two important methods of statistical inference
1Medistat - Statistics in Medicine. gil@medistat.co.il
Abstract:
Statistic significance, also known as p-value, and CI (Confidence Interval) are common statistics measures and are essential for the statistical analysis of studies in medicine and life sciences. These measures provide complementary information about the statistical probability and conclusions regarding the clinical significance of study findings. This article is intended to describe the methodologies, compare between the methods, assert their suitability for the different needs of study results analysis and to explain situations in which each method should be used.
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