p-value
/ˈpiː ˌvæljuː/
the probability of observing results as extreme as the data, assuming the null hypothesis
p-value in a sentence
“A p-value of 0.03 suggests the result is unlikely due to chance.”
Origin of p-value
p for probability + value
Related Words
confidence interval
a range of values likely to contain the true population parameter
significance
the quality of being statistically unlikely to occur by chance
power
the probability of correctly rejecting a false null hypothesis
type I error
incorrectly rejecting a true null hypothesis (false positive)
type II error
failing to reject a false null hypothesis (false negative)
sample
a subset of a population selected for analysis