Probability Flashcards
1
Q
Define the term probability value?
A
- refers to the likelihood that results are due to a real difference or correlation and not due to chance factors
2
Q
Why do psychologists prefer to use 0.05 as their probability value?
A
- because a value of 0.05 indicates a 95% probability that the results show a real difference and that there’s a 5% chance results are due to chance
3
Q
What does significance level mean
A
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