Mathematics · Hypothesis Testing
What does the 'p-value' represent in statistical hypothesis testing?
- 1The absolute percentage of total variance explained by the independent variables.
- 2The linear strength of the correlation coefficient between independent variables.
- 3The probability of obtaining test results at least as extreme as the observed results, assuming that the null hypothesis is correct.✓
- 4The exact probability that the null hypothesis is true.
Correct answer
The probability of obtaining test results at least as extreme as the observed results, assuming that the null hypothesis is correct.
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