What a p-value Means
A hypothesis test yields p = 0.03. Which is the correct interpretation: (a) there is a 3% chance the null hypothesis is true, (b) there is a 3% chance the result is due to chance, or (c) something else? Answer a, b, or c.
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Source: Standard interpretation question; the framing follows the American Statistical Association's statement on p-values (2016). Statement written for AxiomIQ.