Interpreting p-value
Flashcard
•
Mathematics
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
What is a p-value?
Back
The p-value is the probability of obtaining a result at least as extreme as the one observed, assuming that the null hypothesis is true.
2.
FLASHCARD QUESTION
Front
What does it mean to reject the null hypothesis?
Back
Rejecting the null hypothesis means that there is sufficient evidence to support the alternative hypothesis.
3.
FLASHCARD QUESTION
Front
What does it mean to fail to reject the null hypothesis?
Back
Failing to reject the null hypothesis means that there is not enough evidence to support the alternative hypothesis.
4.
FLASHCARD QUESTION
Front
What is the significance level (α)?
Back
The significance level (α) is the threshold for determining whether to reject the null hypothesis, commonly set at 0.05 or 0.01.
5.
FLASHCARD QUESTION
Front
What is a Type I error?
Back
A Type I error occurs when the null hypothesis is true, but we incorrectly reject it.
6.
FLASHCARD QUESTION
Front
What is a Type II error?
Back
A Type II error occurs when the null hypothesis is false, but we fail to reject it.
7.
FLASHCARD QUESTION
Front
What does it mean if the p-value is less than α?
Back
If the p-value is less than α, we reject the null hypothesis.
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