iSixSigma

Vinny Tuccillo

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  • Vinny Tuccillo replied to the topic p values in the forum General 20 years, 11 months ago

    What KMB and Dave and Ken are saying (just kidding):
    In very, very basic terms, the p-value, if you take it as a percent, is the chance that the value you got (in this case the correlation coefficient) is due to random chance.  We usually want this to be a small number like 5% (p=.05).  If you get a correlation coefficient of .9, you want to k…[Read more]