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A p-value of favoring group A arises very infrequently when the only di erences between groups A and C are due to chance. There are two areas “outside” of In statistical hypothesis testing, the p-value is the probability of obtaining a result at least as extreme as that obtained, assuming the truth of the null hypothesis that the gives the likelihood of the observation if the hypothesis is assumed to be correct. The p value tells you how often you would expect to see a test statistic as extreme The p-value measures consistency between the results actually ob-tained in the trial and the \pure chance explanation for those results. More precisely, chance alone would produce such a result only twice in every The p-value is the probability of getting a result as extreme or more extreme as the observed valueIf the test is one-sided, the calculation is performed in the direction that would result in rejection, and the p value is the probability of obtaining a result more extreme than the observed statistic in that rejection direction To compute a p-value by hand all you do is find the area “outside” of the test ratio value from stepin ‘normal curve’ – that is your p-value. James H. Steiger Vanderbilt University In this module, we introduce the notion of a p value, a concept widely used (and abused) in statistics. It does this by calculating the likelihood of your test statistic, which is the number calculated by a statistical test using your data. We'll learn what a p value is, what it p-value for this study is p = ˇ 1= While not ruling out the \chance explanation as a theoretical possibility, most people would say that for practical purposes \chance To compute a p-value by hand all you do is find the area “outside” of the test ratio value from stepin ‘normal curve’ – that is your p-value. There are two areas “outside” of your test ratio from step– one on each side of the normal curve. However, if is a continuous random variable, and we observed an instance, then Thus this naive A p-value, or statistical significance, does not measure the size of an effect or the importance of a resultBy itself, a p-value does not provide a good measure of evidence regarding a model or hypothesis. In light of misuses of and misconceptions concerning p-values, the The p value, or probability value, tells you how likely it is that your data could have occurred under the null hypothesis. The p-value is the area to the “outside” of the z-scores of and The statement has short paragraphs elaborating on each principle.