QUESTION IMAGE
Question
in the context of inferential statistics, which of the following values represents the highest level of statistical significance?
○ .05
○ .01
○ .001
○ .005
In inferential statistics, the p - value (or significance level - related values) represents the probability of obtaining the observed results (or more extreme results) if the null hypothesis is true. A smaller p - value indicates stronger evidence against the null hypothesis, meaning a higher level of statistical significance. Among the values 0.05, 0.01, 0.001, and 0.005, 0.001 is the smallest. So a significance level (or p - value) of 0.001 represents the highest level of statistical significance as it implies a very low probability that the observed results occurred by chance under the null hypothesis.
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C. .001