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Working-class Americans appear to differ from upper-middle-class Americans in that
P-value
The probability of obtaining test results at least as extreme as the observed results, assuming the null hypothesis is correct.
Sample Size
The number of units or observations collected from a population for the purpose of a statistical analysis.
Significance Level
Significance level is a threshold in hypothesis testing, denoting the probability of rejecting the null hypothesis when it is actually true, often set at 0.05 or 5%.
Power of the Test
The probability that the test correctly rejects the null hypothesis when the alternative hypothesis is true, indicating the test's effectiveness.
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