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?
- Accept the null hypothesis as true.
- There is an 8% chance the drug works.
- Reject the null hypothesis; the drug is effective.
- Fail to reject the null hypothesis; the result is not statistically significant.
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