On the statistical significance of excess events: Remarks of caution and the need for a standard method of calculation

Statistics – Computation

Scientific paper

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Computation, Cosmic Ray Showers, Data Processing, Monte Carlo Method, Normal Density Functions, Poisson Density Functions, Probability Theory, Standard Deviation, Statistical Analysis, Stochastic Processes, Light Curve, Line Spectra, Point Sources, X Ray Astronomy

Scientific paper

Methods for calculating the statistical significance of excess events
and the interpretation of the formally derived values are discussed. It
is argued that a simple formula for a conservative estimate should
generally be used in order to provide a common understanding of quoted
values.

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