What is a p-value in practice? The p-value is a measure of discrepancy of the fit of a model or “null hypothesis” H to data y. In theory the p-value is a continuous measure of evidence, but in practice it is typically trichotomized approximately into strong evidence, weak evidence, and no evidence (these can also […] The post P-values and statistical practice appeared first on Statistical Modeling, Causal Inference, and…