What is the correct definition of the p-value?

Question

Quizplus · Accepted Answer

The p-value is the probability that the observed result occurred by chance, assuming the null hypothesis is true. It is not the probability that the null hypothesis is true or false, but rather it gives an indication of the strength of evidence against the null hypothesis. A small p-value (typically less than 0.05) means that the observed result is unlikely to have occurred by chance alone, and therefore we can reject the null hypothesis in favor of an alternative hypothesis.

What Is the Correct Definition of the P-Value