The American Statistical Association (ASA) has released a “Statement on Statistical Significance
and P-Values” with six principles underlying the proper use and interpretation of the p-value. The ASA
releases this guidance on p-values to improve the conduct and interpretation of quantitative
science and inform the growing emphasis on reproducibility of science research. The statement
also notes that the increased quantification of scientific research and a proliferation of large,
complex data sets has expanded the scope for statistics and the importance of appropriately
chosen techniques, properly conducted analyses, and correct interpretation.