P-value
The p-value is the probability of observing results at least as extreme as the actual results, assuming the null hypothesis is true.
1Detailed Explanation
The p-value quantifies the evidence against the null hypothesis in frequentist statistics. A p-value < 0.05 traditionally indicates statistical significance, though this threshold is arbitrary. Important caveats: p-values do not measure effect size, clinical importance, or the probability that the finding is true. Multiple comparisons inflate Type I error, requiring adjustment (Bonferroni, false discovery rate). 'P-hacking' (selectively reporting favorable results) leads to inflated false positives. The American Statistical Association (2016) and Nature Human Behaviour (2019) have published statements cautioning against overreliance on p-values. Effect sizes and confidence intervals should always accompany p-values.
2Examples
- A.A p-value of 0.03 means there is a 3% probability of observing such results if the null hypothesis is true
- B.P-value adjustment using Bonferroni correction when testing 20 hypotheses at alpha = 0.05/20 = 0.0025
3Why It Matters in Research
P-values are ubiquitous in medical research but are frequently misinterpreted. Understanding their limitations is essential for rigorous research and responsible reporting.
4Related Terms
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