STATISTICAL TECHNIQUES AND TOOLS
SPSS AND STATISTIC
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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p<0.01
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p>0.03
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p>0.01
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p<0.05
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Detailed explanation-1: -It turns out that the p value is 0.0057. There is a similar relationship between the 99% confidence interval and significance at the 0.01 level. Whenever an effect is significant, all values in the confidence interval will be on the same side of zero (either all positive or all negative).
Detailed explanation-2: -In hypothesis testing, an alpha of 0.01 signifies a confidence level of 99%.
Detailed explanation-3: -If the results of a Chi-Square test give a P-Value of 0.01 then can we say that the confidence level in their being a difference is (1-0.01) = 99% confidence.
Detailed explanation-4: -The degree of statistical significance generally varies depending on the level of significance. For example, a p-value that is more than 0.05 is considered statistically significant while a figure that is less than 0.01 is viewed as highly statistically significant.