In statistical terms, what does a p-value of less than 0.05 indicate?

Study for the Canadian Health Information Management Association (CHIMA) NCE Test. With flashcards and multiple choice questions, each query is clarified with hints and explanations to ensure you're well-prepared for your exam!

A p-value of less than 0.05 indicates that the results are statistically significant, suggesting strong evidence against the null hypothesis. In hypothesis testing, the p-value helps researchers understand the probability of observing the given data, or something more extreme, if the null hypothesis is true. A p-value below 0.05 implies that there is less than a 5% probability that the observed results occurred due to random chance alone, leading researchers to conclude that there is likely a true effect or relationship present.

This threshold is commonly used in many fields, including health research, to determine whether the findings warrant further investigation or support for a hypothesis. It does not imply that the effect is large or practically significant, but it does suggest that it is unlikely to be a result of random error. Thus, a p-value of less than 0.05 is a key indicator of statistical significance in research studies.

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