A p-value is the same as a stated significance level.

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A p-value is the probability of obtaining test results at least as extreme as the observed results, assuming the null hypothesis is true. It is used to determine the statistical significance of a hypothesis test. A significance level is a pre-determined threshold for rejecting the null hypothesis, typically set at either 0.05 or 0.01. While the p-value is related to the significance level, they are not the same thing. The p-value is compared to the significance level to determine if the null hypothesis should be rejected or not.

A P-Value Is the Same as a Stated Significance Level