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Re: B60611 post# 390930

Friday, 12/09/2022 1:50:31 AM

Friday, December 09, 2022 1:50:31 AM

Post# of 462233
A p-value of say .055 (1 out of 18) is NOT a failure.

Less than or equal to 0.05 (1 out of 20) is an arbitrary number for significance.

The threshold value, P < 0.05 is arbitrary. As has been said earlier, it was the practice of R A Fisher FRS to assign P the value of 0.05 as a measure of evidence against null effect. One can make the “significant test” more stringent by moving to 0.01 (1%) or less stringent moving the borderline to 0.10 (10%).

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4111019/

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