#P005 #AlphaWars #JustifySignificance #Benjamin #Lakens
There was renewed interest in choice of significance levels over the past days. This blog post might be of interest. I justify .005 based on maintaining a reasonable estimate of the #FalseDiscoveryRisk in psychology. Value can be adjusted for subfields, etc.

https://replicationindex.com/2020/12/28/empirical-standards-for-statistical-significance/