Identify P-Value Limitations and Complementary Approaches
Company: Amazon
Role: Data Scientist
Category: Statistics & Math
Difficulty: medium
Interview Round: Onsite
##### Scenario
During an A/B test for a new product feature, stakeholders rely on p-values to decide shipment.
##### Question
Explain at least three key limitations of p-values in hypothesis testing and suggest complementary measures or approaches that mitigate these issues.
##### Hints
Think about effect size, sample size dependence, multiple testing, practical significance, prior beliefs, and p-hacking.
Quick Answer: Identify P-Value Limitations and Complementary Approaches evaluates statistical assumptions, formulas, estimation strategy, uncertainty, edge cases, and interpretation in a realistic interview setting. A strong answer states assumptions, handles edge cases, explains trade-offs, and shows how to validate the result clearly.
