What is p-value in statistics?

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I have actually been studying and using statistics a lot in my career, but I still struggle with finding a simply way to explain what exactly is p-value.

In: Mathematics

10 Answers

Anonymous 0 Comments

It’s the chance that your result was just because of random chance.

As an example you could flip a coin 10 times and get heads every time. P value would be the chance for it to happen with a fair coin. 

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