The _____ value indicates the probability that differences between the observed values and the expected values are due to random chance alone.
A)P value
B)Goodness of fit
C)Degrees of freedom
D)Empirical approach
E)None of the answers are correct

Question

Quizplus · Accepted Answer

The P value is the measure of the level of significance in hypothesis testing. A low P value indicates that the observed differences are unlikely to be due to chance alone, while a high P value suggests that chance could explain the differences. Therefore, the P value can be used to determine if the observed differences are statistically significant or not.

The _____ Value Indicates the Probability That Differences Between the Observed