Value Is a Relative Concept and Cannot Be Settled by Science

question 39

True/False

Value is a relative concept and cannot be settled by science.

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Definitions:

P-value

A measure in hypothesis testing that indicates the probability of obtaining a result at least as extreme as the one observed, assuming the null hypothesis is true.

Null Hypothesis

A statement in inferential statistics that there is no effect or no difference, and any observed deviation from this state is due to chance.

Rejection Level

The threshold or critical value that determines whether to reject the null hypothesis in statistical hypothesis testing, often denoted by alpha.

P-value

A measure in statistical hypothesis testing that quantifies the evidence against a null hypothesis, with lower values indicating stronger evidence.