What does the number 0.01 represent in the following: t₍₄₂₎ = 5.15, p

Question

What does the number 0.01 represent in the following: t₍₄₂₎ = 5.15, p < .01?
A)test statistic
B)t value
C)degrees of freedom
D)significance level

Quizplus · Accepted Answer

The number 0.01 represents the significance level in the given statement. It means that the probability of obtaining the observed results or more extreme results due to chance alone is less than 0.01 or 1%. Hence, we reject the null hypothesis at a 1% level of significance.

What Does the Number 0