medium · MCAT chem-phys
A statistics student finds a p-value of 0.03 in a study comparing a new drug to a placebo.
What is the most accurate interpretation of this result?
- The null hypothesis has been definitively proven false by this test.
- The drug is 97% likely to be effective for patients in the population.
- There is a 3% probability of obtaining these results if the drug has no effect.
- The effect size of this drug is necessarily large and clinically significant here.
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