Arguments For and Against The Likelihood Principle
Some widely-used methods of conventional statistics, for example many significance tests, are not consistent with the likelihood principle.
Let us briefly consider some of the arguments for and against the likelihood principle.
Read more about this topic: Likelihood Principle
Famous quotes containing the words arguments, likelihood and/or principle:
“What can you do against the lunatic who is more intelligent than yourself, who gives your arguments a fair hearing and then simply persists in his lunacy.”
—George Orwell (1903–1950)
“What likelihood is there of corrupting a man who has no ambition?”
—Samuel Richardson (1689–1761)
“A state of war or anarchy, in which law has little force, is so far valuable, that it puts every man on trial. The man of principle is known as such, and even in the fury of faction is respected.”
—Ralph Waldo Emerson (1803–1882)