The significance level is the probability of rejecting the null hypothesis when it is true
The significance level of an event is the probability that the event could have occurred by chance.
A test statistic is a number that is calculated by a statistical test. It describes how far the observed data is from the null hypothesis of no relationship between variables or no difference among sample groups.
A p-value is the statistical measurement used to validate a hypothesis against observed data. AIt measures the probability of obtaining the observed results when the null hypothesis is true
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