p-Value

Last updated on: 05.07.2021

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Definition
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A statistical term used as a benchmark in clinical trials. The significance level of a difference is used to describe approximately how likely it is that the result of a comparison was obtained "by chance". The importance of the p-value is often overestimated in interpretations of a result, because the p-value does not indicate the size of the difference in a comparison of, for example, two drugs, but whether the observed difference, whether large or small, could be random or real. Statistically significant does not mean eo ipso clinically relevant.

Last updated on: 05.07.2021

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