In the equation t₍₇₈₎ = 1.03, p

Question

In the equation t₍₇₈₎ = 1.03, p < .01, what does p < .01 represent?
A)the obtained value
B)the critical value
C)the degrees of freedom
D)the level of significance

Quizplus · Accepted Answer

p < .01 represents the level of significance, which is the probability of obtaining the observed outcome by chance if the null hypothesis is true. A significance level of .01 indicates that there is a 1% chance of obtaining a result as extreme as the observed one if the null hypothesis is true. Therefore, it is a measure of how confident we are that the result is not due to chance.

In the Equation T₍₇₈₎ = 1