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In this video I explain the concept of significance and how it relates to both effect size, sample size, and the law of large numbers. The role of a p-value in describing the likelihood of data is explained with an emphasis on avoiding misinterpretation or confusing low p-value with support for a particular hypothesis. Don’t forget to subscribe to the channel to see future videos! Have questions or topics you’d like to see covered in a future video? Let me know by commenting or sending me an email! Need more explanation? Check out my full psychology guide: Master Introductory Psychology: http://amzn.to/2eTqm5s Enable closed-captioning or find a full transcript of this video here: http://www.psychexamreview.com/understanding-significance-and-p-values/
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