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The explanation appears somewhat confused, as correctly noted in a couple of comments above. The most common misunderstanding of p-values is that they represent how likely it is that the observed correlation (or observed unequal outcomes, or apparent trend) came from chance. That is not what they represent - they represent the probability that results at least as extreme as those observed would have arisen by chance: 1) in a fictional world where chance was the only potential cause of the correlation/inequality/trend (a world in which the null hypothesis was true) AND 2) only one hypothesis was being tested. In the real world, other factors may be more or less plausible as explanations, and it takes judgement, not stats, to determine how likely it is that chance is the best explanation. The green jelly beans theory fails in terms of biological plausibility, so it is >99% likely to be a chance observation (regardless of the p-value). Also, given the large number of hypotheses being tested, the probability of at least one of them producing a p-value <0.05 is much greater than 5%; indeed, with 20 simultaneous hypotheses, we would expect about one to be significant at the p<0.05 level, on average. There is a huge difference between the prospective probability of a single hypothesis satisfying the p<0.05 threshold, and the probability of being able to find a retrospective hypothesis for which p<0.05. This is a case of post hoc cherry picking - the newspaper's emphasis on green jellybeans is post hoc, with the colour of interest chosen after the results were already in. {{unsigned ip|108.162.250.163}}
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The explanation appears somewhat confused, as correctly noted in a couple of comments above. The most common misunderstanding of p-values is that they represent how likely it is that the observed correlation (or observed unequal outcomes, or apparent trend) came from chance. That is not what they represent - they represent the probability that results at least as extreme as those observed would have arisen by chance: 1) in a fictional world where chance was the only potential cause of the correlation/inequality/trend (a world in which the null hypothesis was true) AND 2) only one hypothesis was being tested. In the real world, other factors may be more or less plausible as explanations, and it takes judgement, not stats, to determine how likely it is that chance is the best explanation. The green jelly beans theory fails in terms of biological plausibility, so it is >99% likely to be a chance observation (regardless of the p-value). Also, given the large number of hypotheses being tested, the probability of at least one of them producing a p-value <0.05 is much greater than 5%; indeed, with 20 simultaneous hypotheses, we would expect about one to be significant at the p<0.05 level, on average. There is a huge difference between the prospective probability of a single hypothesis satisfying the p<0.05 threshold, and the probability of being able to find a retrospective hypothesis for which p<0.05. This is a case of post hoc cherry picking - the newspaper's emphasis on green jellybeans is post hoc, with the colour of interest chosen after the results were already in.
  
  

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