Examlex
Which of the following products would most consumers classify as a shopping product?
P-value
The P-value is a statistical parameter that helps to determine the significance of the results from a hypothesis test, indicating the probability of observing the results if the null hypothesis is true.
P-value
A statistic that measures the probability of obtaining an observed result, or more extreme, under the assumption that the null hypothesis is true.
Null Hypothesis
A statement in statistics that proposes there is no significant difference or effect, and any observed difference is due to sampling or experimental error.
Hypothesis Testing
A statistical method used to determine whether there is enough evidence in a sample of data to infer that a certain condition holds for the entire population.
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