buybuydandavis comments on Advice to new Doctors starting practice - Less Wrong Discussion
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Comments (7)
Update on all relevant evidence, even if you don't have empirical data.
I would add:
Make decisions based on cost/benefit analysis, not simply probabilities. For example, low probability treatments can make perfect sense to try if they are low risk, low cost.
Know that the failure to reject a null hypothesis is not proof of the null hypothesis. It does not establish the null hypothesis. A failure to reject is simply an epistemological failure.
Thanks that's clearer.. will update...