A p-value is a statistical measure that signifies the likelihood of observing a outcome as excessive as, or extra excessive than, the one which was noticed, assuming that the null speculation is true. In different phrases, it’s the likelihood of getting a outcome that’s as excessive or extra excessive than the one you noticed, assuming that there isn’t a actual impact.
P-values are used to check the statistical significance of a outcome. A low p-value (usually lower than 0.05) signifies that the result’s unlikely to have occurred by likelihood, and subsequently supplies proof in favor of the choice speculation. A excessive p-value (usually better than 0.05) signifies that the result’s prone to have occurred by likelihood, and subsequently doesn’t present proof in favor of the choice speculation.
