medium10 pts · first answer countsexperimentationstatistics

What a p-value means

An A/B test reports p = 0.03 for a lift in conversion. Which interpretation is correct?

A.There is a 97% chance the new version is betterB.If there were truly no difference, a result at least this extreme would happen about 3% of the timeC.The lift is 3%D.The test has 3% power

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