What does a p-value of 0.05 mean?
An example of an AI chatbot conversation about interpreting p-values in statistics.
What does a p-value of 0.05 mean?
A p-value of 0.05 indicates that there is a 5% probability that the observed results occurred by chance under the null hypothesis.
Is a p-value less than 0.05 always significant?
Not necessarily. While a p-value less than 0.05 is often considered statistically significant, context and study design matter.
What are the implications of a p-value greater than 0.05?
A p-value greater than 0.05 suggests that there is not enough evidence to reject the null hypothesis, but it doesn't prove the null hypothesis is true.
How do I calculate a p-value?
To calculate a p-value, you typically use statistical tests like t-tests or ANOVA, depending on your data and hypothesis.
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