In
hypothesis testing, p-value is routinely used as a measure of statistical
evidence against the null hypothesis, where a smaller p-value indicates
stronger evidence substantiating the alternative hypothesis. P-value is the probability of type-I error made in a hypothesis testing, namely, the chance
that one falsely reject the null hypothesis when the null holds true. In a
disease genome wide association study (GWAS), p-value potentially tells us how
likely a putative disease associated variant is due to random chance. For a
long time p-values have been taken seriously by the GWAS community as a
safeguard against false positives.
Every disease-associated mutation reported
in a GWAS must reach a stringent p-value cut off (e.g., 10-8) in order to
survive the multiple testing corrections. This is reasonable because after testing millions of variants in the genome, some random variants ought to yield
small p-values purely by chance. Despite of p-value’s theoretical
justification, however, it has become increasingly evident that statistical
p-values are not nearly as reliable as it was believed.
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