medium · MCAT psych-soc

An experiment measures a p-value of 0.08 when testing a new drug against a control.

If the alpha level is set at 0.05, what is the correct statistical conclusion?

  1. Accept the null hypothesis as definitively true in this instance.
  2. Conclude there is exactly an 8% probability that the new drug works.
  3. Reject the null hypothesis outright; conclude that the new drug is clearly effective.
  4. Fail to reject the null hypothesis; the result is not statistically significant.

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