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
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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
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3
Q

What does significance level mean

A

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