Litteral meaning of terms

Question 1

Alpha

Answer 1

Probability of rejecting the null hypothesis when it is in fact true

Question 2

P value

Answer 2

Prob of obtaining the observed results, assuming that the Null is true. A conditional objective probability

Question 3

Power

Answer 3

Probability that your test will find a statistically sig difference when such a difference actually exists

Question 4

Why not accepting H0

Answer 4

You’d prove a negative. Indicating that no effect exists. All you can prove is that the strength of your evidence falls short of being able to reject the null.

Question 5

Confidence interval

Answer 5

Indicates where the population parameter is likely to reside. You can be 95|% confident that the parameter is between x and x

Question 6

Bayes factor

Answer 6

Ratio of two marginal likelihoods.