Words / P / Business

p-value

noun/ˈpiː ˌvæljuː/

B2CEFR level
55/100Rarity: uncommon
TechnicalRegister

The probability of observing a result at least as extreme as the one measured, assuming the null hypothesis is true.

A p-value of 0.03 let us reject the null hypothesis at the 5% level.

Topic: Data & analytics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

Get words like p-value on your lock screen, a few a day, with review that makes them stick.

Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
QR code that opens Lexfall on the App Store
On a computer?Scan with your iPhone camera.

More business words: Data & analytics