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Your friend runs linear regression y = 0 + 1x and notes that the p-value on 1 is 0.012. He concludes: The probability of the
Your friend runs linear regression y = 0 + 1x and notes that the p-value on 1 is 0.012. He concludes: "The probability of the null hypothesis 1 = 0 being true is 0.012". Explain why is conclusion is wrong, and give the correct interpretation of the result.
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