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: This question evaluates understanding of statistical inference and experimental analysis, focusing on the limitations of p-values and the identification of complementary metrics and practices in A/B testing within the Statistics & Math domain.
