In the equation t₍₇₈₎ = 1.03, p

Name: In the equation t₍₇₈₎ = 1.03, p < .01, the number of .01 refers to significance level.
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Question

In the equation t₍₇₈₎ = 1.03, p < .01, the number of .01 refers to significance level.

Quizplus · Accepted Answer

The number .01 refers to the significance level, which is the level of probability at which we reject the null hypothesis. A level of .01 means we are 99% confident in our results, and this is considered a high level of significance. Therefore, the statement is true.

In the Equation T₍₇₈₎ = 1