A p-value of less than ________ is typically considered statistically significant.
A) 0.5
B) 0.05
C) 0.005
D) 5

Question

Quizplus · Accepted Answer

A p-value of less than 0.05 (5%) is typically considered statistically significant, indicating that the probability of obtaining the observed results by chance is less than 5%. Lower p-values, such as 0.005, indicate an even lower probability of chance occurrence and are therefore even more statistically significant. A p-value of 0.5 or 5 is not considered statistically significant.

A P-Value of Less Than ________ Is Typically Considered Statistically