How should tests be treated according to strategies to combat the multiple testing fallacy?

Treating tests as a finite currency aligns with strategies to combat the multiple testing fallacy because it emphasizes the importance of considering the limited resources and potential risks associated with multiple hypothesis testing. This approach acknowledges that when multiple tests are conducted, the likelihood of encountering false positives increases. By viewing each test as a finite currency, it encourages analysts to carefully evaluate and prioritize their tests, ensuring they only pursue those that are truly meaningful and necessary.

This perspective promotes a more disciplined and strategic approach to analysis, helping to mitigate the risks of drawing incorrect conclusions based on multiple comparisons. By managing tests like a limited resource, analysts can maintain a higher standard of rigor and reliability in their results, reducing the temptation to run numerous tests without sufficient justification. In contrast, the other approaches either do not address the implications of multiple testing sufficiently or could lead to a more haphazard analytical strategy.