What are the implications of a low p-value in your statistical test?
When you're delving into statistical analysis, encountering a low p-value can feel like striking gold. It's the moment when your data seems to shout, "Eureka! There's something significant here!" But before you break out the champagne, it's crucial to understand what this tiny number really implies about your study. In statistics, the p-value measures the strength of evidence against the null hypothesis, which typically posits that there is no effect or no difference. A low p-value suggests that your sample data is unlikely to have occurred if the null hypothesis were true, hinting at a statistically significant finding. However, "statistically significant" doesn't always mean "practically significant," and that's where the real implications begin.
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Arjun GuptaWorking on Men's Mental Health | Making Research Fun | MA Psychology | GATE XH-C5, 2024
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Tomas JancovicData @ Trustpilot (Microsoft-certified Power BI Data Analyst, Meta-certified Professional Data Scientist)
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Daniel BennettEntrepreneurship Scholar | Editor | Program Leader | Mentor | Father | Husband