A statistical finding is usually considered significant if:
A)the probability that it is an accurate finding is 5 or less in 100
B)the probability that it is an accurate finding is 1 or less in 100
C)the probability that it is a chance finding is 5 or less in 100
D)the probability that it is a chance finding is 50 or less in 100

Question

Quizplus · Accepted Answer

Statistical significance is typically determined by a p-value of 0.05 or less, which means there is a 5% or less probability that the observed findings are due to chance. This corresponds to a chance finding being 5 or less in 100.

A Statistical Finding Is Usually Considered Significant If