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For the null hypothesis to be rejected, an observed result has to be statistically significant, i.e. the observed p-value is less than the pre-specified significance level . To determine whether a result is statistically significant, a researcher calculates a p -value, which is the probability of observing an effect of the same magnitude or ...
The fragility index is a statistical metric used primarily in the medical literature to assess study results. It denotes the minimum number of subjects whose status would have to change from a non-event to an event in order to convert a statistically significant result of the study into a non-significant result. [1]
In the social sciences, a result may be considered statistically significant if its confidence level is of the order of a two-sigma effect (95%), while in particle physics and astrophysics, there is a convention of requiring statistical significance of a five-sigma effect (99.99994% confidence) to qualify as a discovery. [3]
The outlier effect can be used to explain events that are unlikely to occur by chance. Littlewood's law [7] states that individuals can statistically expect a significant event to happen for them at a frequency of about once per month. Littlewood assumes a significant event frequency at one in a million with a duration of one second, and that ...
Independence is a fundamental notion in probability theory, as in statistics and the theory of stochastic processes.Two events are independent, statistically independent, or stochastically independent [1] if, informally speaking, the occurrence of one does not affect the probability of occurrence of the other or, equivalently, does not affect the odds.
The 0.05 significance level is merely a convention. [3] [5] The 0.05 significance level (alpha level) is often used as the boundary between a statistically significant and a statistically non-significant p-value. However, this does not imply that there is generally a scientific reason to consider results on opposite sides of any threshold as ...
When large numbers of tests are performed, some produce false results of this type; hence 5% of randomly chosen hypotheses might be (erroneously) reported to be statistically significant at the 5% significance level, 1% might be (erroneously) reported to be statistically significant at the 1% significance level, and so on, by chance alone.
An event, however, is any subset of the sample space, including any singleton set (an elementary event), the empty set (an impossible event, with probability zero) and the sample space itself (a certain event, with probability one). Other events are proper subsets of the sample space that contain multiple elements. So, for example, potential ...