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Replication is fundamental to science, so statistical analysis should give information about replication. Because p values dominate statistical analysis in psychology, it is important to ask what p says about replication. The answer to this question is "Surprisingly little." In one simulation of 25 repetitions of a typical experiment, p varied from .44. Remarkably, the interval-termed a p interval-is this wide however large the sample size. p is so unreliable and gives such dramatically vague information that it is a poor basis for inference. Confidence intervals, however, give much better information about replication. Researchers should minimize the role of p by using confidence intervals and model-fitting techniques and by adopting meta-analytic thinking.
Geoff Cumming (Tue,) studied this question.