Assertion: p value | /r/HasProperty | the probability
Facets:
value: in the example
type: OTHER
value: in statistics
type: OTHER
Source sentences:
text: In statistics, the p-value is the probability of obtaining results as extreme as the observed results of a statistical hypothesis test, assuming that the null hypothesis is correct.
text: As we have noted, a p-value is a probability.
text: A p-value is the probability that, if the null hypothesis were true, we would observe a statistic at least as extreme as the one observed.
text: For a particular observed value, say 0.25 as shown, the p value is the probability of getting anything more positive than 0.25 and anything more negative than -0.25.
text: The p-value is the probability that the null hypothesis is true.
text: In the example where we are trying to test whether a new marketing campaign generates more revenue, the p-value is the probability that the null hypothesis, which states that there is no change in the revenue as a result of the new marketing campaign, is true.