The P value Flashcards
1
Q
What is a P value?
A
A numerical value indicating the probability that this observation has occurred due to chance
2
Q
What are confidence intervals?
A
A way of indicating a range of values which probably contain the “true” value
3
Q
What is type 1 error and what is type 2 error?
A
Type 1 error = rejecting null hypothesis when it is true
Type 2 error= accepting null hypothesis when it is false