JSM 2005 - Toronto

Abstract #302754

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Legend: = Applied Session, = Theme Session, = Presenter
Activity Number: 120
Type: Invited
Date/Time: Monday, August 8, 2005 : 10:30 AM to 12:20 PM
Sponsor: Biopharmaceutical Section
Abstract - #302754
Title: Can We Do More Than P-values in Drug Evaluation?
Author(s): Lee-Jen Wei*+
Companies: Harvard University
Address: Department of Biostatistics, Building II, Room 445, Boston, MA, 02115,
Keywords:
Abstract:

In most of the clinical trials for drug evaluation, we generally use the hypothesis testing setting for designing, monitoring, and analyzing the studies. The magic p-value has played a vital role in every step of the drug evaluation process (more than FDA's evaluation). P-value is simply a screening device for signal. In this talk, we use interval estimation to discuss how one can do every step of the drug evaluation quantitatively (not just qualitatively).

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Revised March 2005