%0 Journal Article %T A Note on the Connection between Likelihood Inference, Bayes Factors, and P-Values %A Andrew A. Neath %J Open Access Library Journal %V 4 %N 1 %P 1-11 %@ 2333-9721 %D 2017 %I Open Access Library %R 10.4236/oalib.1103292 %X
The p-value is widely used for quantifying evidence in a statistical hypothesis testing problem. A major criticism, however, is that the p-value does not satisfy the likelihood principle. In this paper, we show that a p-value assessment of evidence can indeed be defined within the likelihood inference framework. Included within this framework is a link between a p-value and the likelihood ratio statistic. Thus, a link between a p-value and the Bayes factor can also be highlighted. The connection between p-values and likelihood based measures of evidence broaden the use of the p-value and deepen our understanding of statistical hypothesis testing.
%K Hypothesis Testing %K Likelihood Principle %K Statistical Evidence %U http://www.oalib.com/paper/5280393