I share your sensibilities. But I work with consumers of statistical analysis on a daily basis, and it is an unfortunately common to put stars next to parameters that are statistically significant at the 5% level. And many people treat that star or lack thereof as a very serious indication of whether the parameter is "meaningful."
I have even seen a slide presentation by consultants with a business practice of dropping all variables with p>.05, and re-estimating the model (doing this repeatedly until all variables have p>0.05).
The reliance on p-value thresholds is heartbreaking.
I have even seen a slide presentation by consultants with a business practice of dropping all variables with p>.05, and re-estimating the model (doing this repeatedly until all variables have p>0.05).
The reliance on p-value thresholds is heartbreaking.