A product manager comes to you with a result: "The p-value is 0.04, so there's a 96 percent probability the new version is better." What's wrong with this interpretation, and how would you explain it to them?
~4 min by voice
How to approach it
The interviewer wants to see whether you understand what the p-value really is (the probability of the data under the null hypothesis, not the probability of the hypothesis), whether you know Type I and Type II errors, whether you can tell statistical significance from practical significance, and whether you can explain it to a product manager without jargon.
The interviewer will ask this question and listen. Think out loud and ask for a hint if you need one. When you're done, pause or tap “That's my answer”. In about a minute, your score and the points you covered show up here.