Making the most of statistical analyses: Improving interpretation and presentation

Social scientists rarely take full advantage of the information available in their statistical results. As a consequence, they miss opportunities to present quantities that are if greatest substantive interest for their research and express the appropriate degree of certainty about these quantities. In this article, we offer an approach, built on the technique of statistical simulation, to extract the currently overlooked information from any statistical method and to interpret and present it in a reader-friendly manner. Using this technique requires some expertise, which we try to provide herein, but its application should make the results of quantitive articles more informative and transparent. To illustrate our recommendations, we replicate the results of several published works, showing in each case how the authors' own conclusions can be expressed more sharply and informatively, and, without changing any data statistical assumptions, how our approach revels important new information about the research questions at hand. We also offer very easy-to-use software that implements our suggests.