Monday 1 January 2001


The p-value is the level of marginal significance within a statistical hypothesis test representing the probability of the occurrence of a given event.

The p-value is used as an alternative to rejection points to provide the smallest level of significance at which the null hypothesis would be rejected.

A smaller p-value means that there is stronger evidence in favour of the alternative hypothesis.

Read more: P-Value Definition | Investopedia

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