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What is significance?
How likely results are due to chance
How is significance determined?
Through p-value
What does a p-value of p ≤ 0.01 mean?
1% results are due to chance
99% results are due to change in IV / correlation
What does a p-value of p ≤ 0.1 mean?
10% risk results are due to chance
90% risk results are due to change in IV / correlation
What does a p-valve of p ≤ 0.05 mean?
5% risk results are due to chance
95% risk results are due to change in IV / correlation
What p-value do psychologists use?
p ≤ 0.05
What is a type 1 error? (+/-)
A false positive
What happens to the hypothesis in a type 1 error?
Falsely rejecting a null hypothesis
Falsely accepting alternative hypothesis
What increases the likelihood of a type 1 error?
P-value is too high
What is a type 2 error?
A false negative
What happens to the hypotheses in a type 2 error?
Falsely accepting null hypothesis
Falsely rejecting alternative hypothesis
What increases the likelihood of a type 2 error?
It p-value is too low