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A critical value of 0.02 typically refers to a significance level (alpha) in hypothesis testing, indicating the threshold for rejecting the null hypothesis. If the p-value of a test is less than 0.02, it suggests strong evidence against the null hypothesis, leading researchers to conclude that the observed effect is statistically significant. Conversely, a p-value greater than 0.02 would imply insufficient evidence to reject the null hypothesis. This value helps researchers determine the likelihood of observing data as extreme as the sample data under the null hypothesis.

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2w ago

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Related Questions

What is the Decimal value of two thousandths?

.002


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It is: 500,000


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Yes, 0.002 is equivalent to .002. Both notations represent the same decimal value, which is two thousandths. The leading zero before the decimal point does not change the value.


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Impossible to value with just the serial number.


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The critical value is an FINISHED


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To find the critical value in statistics, it requires a hypothesis testing. Using the critical value approach can also be helpful in this matter.


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002 is 2 and 020 is 20, so 020 is greater.


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Normally you would find the critical value when given the p value and the test statistic.


Is there any value in this figure 00 having two zeros?

00 = 0 as in 2.00 = 2 or as 002 = 2


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The two tailed critical value is ±1.55


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The measurement "002 of an inch" is typically pronounced as "two thousandths of an inch." In numerical terms, it represents a value that is two parts out of one thousand in relation to an inch. This is often used in precision measurements, such as in engineering or manufacturing contexts.


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The positive critical value depends on the distribution and then the parameters (if any) which characterise the distribution.