You may have heard of the replicability crisis in science, and practices like outcome switching and p-hacking. BuzzFeed reports on a paper that proposes a solution: rather than assign statistical significance at $p=0.05$, change this value to $0.005$.

Sir David Spiegelhalter is quoted saying: “Dealing with the size of the p-value fixes some things. But it’s not dealing with the most important issues.” There’s a lot more in the BuzzFeed article and the full paper.

More information

PsyArXiv preprint: Redefine statistical significance.

BuzzFeed: These People Are Trying To Fix A Huge Problem In Science.