Define pvalue What type of pvalue indicates that the observe

Define p-value. What type of p-value indicates that the observed relationship is very unlikely due to random chance?

Solution

Answer:

The p value is defined as the probability of an observed result assuming (equal to or \"more extreme\") that the null hypothesis is true.The p value evaluates the sample data support the probability that the null hypothesis is true. It measures how compatible your data are with the null hypothesis. The following types of values of p provide how likely the effect is observed in your sample data if the null hypothesis is true.

High P values: A high p - value indicates your data are likely with a true null.

Low P values: A low p - value indicates that your data are unlikely assuming a true null.