- There is a 0.1% chance that the drug is ineffective.
- The probability of observing results as extreme as, or more extreme than, those obtained, assuming the null hypothesis is true.
- The probability that the null hypothesis is true.
- The probability of making a Type I error.
1. A clinical trial for a new pain medication reports a p-value of 0.001. What is the technical interpretation of this p-value?
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