The likelihood that the variation of observed data from expectations is due to random chance is called the ________.
A) P value
B) goodness of fit
C) degrees of freedom
D) empirical approach

Question

Quizplus · Accepted Answer

The likelihood that the variation of observed data from expectations is due to random chance is quantified as the P value. This value is used to determine the statistical significance of results and is often compared to a predetermined significance level (such as 0.05) to determine if the results are significant or not. The other options (goodness of fit, degrees of freedom, empirical approach) are related to statistical analysis, but do not directly refer to the concept described in the question.

The Likelihood That the Variation of Observed Data from Expectations