Ben We.

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Demystifying Stats for non-statisticians: P-Values

Posted by Ben We. on 6/30/20 10:09 AM

If you’ve ever taken a statistics course, you’ve experienced the strange, slightly opaque world of statistical jargon, where colloquial language has highly specific meanings that are easily abused. One of the most famous, most abused statistical terms is the “p-value.” In almost every field of science there’s an ongoing discussion over P-values, and whether the common P-Value Threshold of 0.05 is even reasonable or not. So, what is a P-value, and why is 0.05 such a contentious number?

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Tags: statistics & probability