What does a p value of .043 indicate?
A) The finding is significant, and there is 4.3% chance of having made a type II error.
B) The finding is not significant, and there is a 4.3% chance of having made a type I error.
C) The finding is not significant, and there is a 4.3% chance of having made a type II error.
D) The finding is significant, and there is a 4.3% chance of having made a type I error.

Question

Quizplus · Accepted Answer

A p-value of .043 indicates that there is a 4.3% chance of having made a Type I error, assuming the null hypothesis is true. This means there is a 4.3% probability of incorrectly rejecting the null hypothesis, suggesting the finding is significant if the significance level was set at 0.05 or higher.

What Does a P Value of .043 Indicate