What is Statistical Significance?

Statistical Significance in statistical hypothesis testing is attained whenever the observed p-value of a test statistic is less than the significance level defined for the study. The p-value is the probability of obtaining results at least as extreme as those observed, given that the null hypothesis is true. The significance level, α, is the probability of rejecting the null hypothesis, given that it is true. In any experiment or observation that involves drawing a sample from a population, there is always the possibility that an observed effect would have occurred due to sampling error alone. But if the p-value of […]

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