In 2016, the American Statistical Association #ASA made a formal statement that "a p-value, or statistical significance, does not measure the size of an effect or the importance of a result".
It also stated that "p-values do not measure the probability that the studied hypothesis is true, or the probability that the data were produced by random chance alone".
#nullHypothesis #probabilities #probability #maths #mathematics #vectors #data #bigData #matrices #ML #distributions #stats #statistics