Is this what P means? When asked to explain the meaning of “the P-value was 0.03," a student says, "It means there is only probability 0.03 that the nu1l hypothesis is true. Is this an essentially correct explanation? Explain your answer.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 5CC
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Is this what P means? When asked to explain the meaning of
“the P-value was
0.03,"
a student says,
"It means there is only probability 0.03 that the
nu1l hypothesis is true.
Is this an essentially correct explanation? Explain
your answer.
Transcribed Image Text:Is this what P means? When asked to explain the meaning of “the P-value was 0.03," a student says, "It means there is only probability 0.03 that the nu1l hypothesis is true. Is this an essentially correct explanation? Explain your answer.
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