PSU 016, Section 550: Statistics First-Year Seminar

Fall 2006
Steps in a hypothesis test: p-value:The hypothetical probability of observing a test statistic at least as extreme as the one actually observed, assuming that the null hypothesis is true.

Rejecting the null hypothesis: If the p-value is smaller than .05, then we say that the result is statistically significant at the .05 level (i.e., we reject the null hypothesis at the .05 level). The number .05 may be replaced by some other small value, such as .01 or .001