Is it correct to say that p values of less than 5 percent tell us that observed results are due to chance variation?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
4 views
1 Answers
Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
A p-value of 0.05 tells us that if we were conduct the test, there would be a 5% chance that the null hypothesis stands. It is a measure of helping us prevent a type II error, or falsely rejecting the null hypothesis. Assuming that you meant that the "observed results" is a part of the null hypothesis (Ha), then yes, it is correct to say that p-values of less than 5 percent tell us that the observed results are due to chance variation.
4 views
Answered