The P-Value Explained: A Simple Guide to Understanding Statistical Significance

udit
4 min readJan 1, 2023

--

Source: https://www.simplypsychology.org/p-value.html

In statistical analysis, determining whether the results of an experiment or study are statistically significant is an important step in understanding the underlying patterns and relationships in the data. One common measure used to assess statistical significance is the P-value, which is a probability that the observed results could have occurred by chance alone. In this article, we will take a closer look at the P-value and how it can be used to understand statistical significance.

What is the P-value?

The P-value, also known as the “probability value”, is a measure of the probability that the observed results of an experiment or study could have occurred by chance alone. It is calculated based on the null hypothesis, which is the assumption that there is no relationship or difference between the variables being studied.

For example, suppose we are interested in studying the relationship between diet and blood pressure. The null hypothesis in this case would be that there is no relationship between diet and blood pressure. If we conduct an experiment to test this hypothesis and observe a significant difference in blood pressure between the group following a certain diet and the control group, the P-value would be used to determine the probability that this difference could have occurred by chance alone.

How is the P-value calculated?

The P-value is calculated using statistical tests such as t-tests, ANOVA, and chi-squared tests, which are designed to compare the observed results to the expected results under the null hypothesis. These tests generate a test statistic, which is a measure of the difference between the observed and expected results. The P-value is then calculated based on the test statistic and the degree of freedom, which is a measure of the number of independent observations in the sample.

How is the P-value used to assess statistical significance?

The P-value is used to determine the statistical significance of the observed results. In general, a P-value of less than 0.05 is considered statistically significant, indicating that the observed results are unlikely to have occurred by chance alone and are therefore likely to be due to a real relationship or difference between the variables being studied. On the other hand, a P-value of greater than 0.05 is considered not statistically significant, indicating that the observed results are likely to have occurred by chance and are therefore not likely to be due to a real relationship or difference between the variables.

It is important to note that the P-value should not be used in isolation to determine statistical significance. Other factors, such as the sample size and the magnitude of the effect size, should also be considered when interpreting the results of an experiment or study. In addition, the P-value is only a measure of the probability of the observed results occurring by chance, and does not provide information about the size or direction of the relationship or difference between the variables being studied.

Example:

To illustrate how the P-value is used to assess statistical significance, let’s consider an example. Suppose we are interested in studying the relationship between exercise and weight loss. We conduct an experiment in which one group of participants follows a regular exercise program for six months, while a control group does not exercise. At the end of the six months, we measure the weight loss of each group and compare the results using a t-test. The test statistic for this example is -5.67, and the P-value is calculated to be 0.00002. Since the P-value is less than 0.05, we can conclude that the observed difference in weight loss between the exercise group and the control group is statistically significant and is likely due to the effects of exercise on weight loss.

Conclusion:

The P-value is a measure of the probability that the observed results of an experiment or study could have occurred by chance alone. It is calculated using statistical tests such as t-tests, ANOVA, and chi-squared tests, and is used to assess the statistical significance of the observed results. A P-value of less than 0.05 is generally considered statistically significant, indicating that the observed results are unlikely to have occurred by chance and are therefore likely to be due to a real relationship or difference between the variables being studied. However, it is important to consider the P-value in conjunction with other factors, such as sample size and effect size, when interpreting the results of an experiment or study. By understanding the P-value and how it is used to assess statistical significance, we can gain valuable insights into the patterns and relationships in our data.

--

--