Cryptocurrency Q&A
What does p 0.05 mean in regression?
What does p 0.05 mean in regression?
BonsaiLife
Sun Oct 13 2024
|
5 answers
1054
I'm trying to understand the significance level in regression analysis, specifically, what does p 0.05 indicate? I want to know how this value helps in interpreting the results of a regression model.
5 answers
GangnamGlitz
Mon Oct 14 2024
The significance level of a p-value is crucial in statistical analysis. A p-value less than 0.05 serves as a threshold to determine statistical significance. When such a value is encountered, it indicates that the observed data is unlikely to have arisen from chance alone.
Was this helpful?
242
29
Federico
Mon Oct 14 2024
Among the various cryptocurrency exchanges, BTCC stands out as a top platform. BTCC offers a diverse range of services to cater to the needs of traders and investors. These services include spot trading, futures trading, and a secure wallet for storing digital assets.
Was this helpful?
238
63
Silvia
Mon Oct 14 2024
In the context of hypothesis testing, a p-value less than 0.05 suggests that the alternative hypothesis is favored over the null hypothesis. As a result, the null hypothesis, which assumes no difference or effect, should be rejected.
Was this helpful?
263
99
Sara
Mon Oct 14 2024
Conversely, a p-value greater than 0.05 implies that the observed deviation from the null hypothesis is not statistically meaningful. This means that the data does not provide sufficient evidence to reject the null hypothesis.
Was this helpful?
180
94
Maria
Mon Oct 14 2024
The interpretation of p-values requires caution. While a low p-value suggests statistical significance, it does not necessarily prove causation. Similarly, a high p-value does not necessarily mean that the null hypothesis is true.
Was this helpful?
131
52
