(a) A statistical study reported that a drug was effective with a p-value of .042. Explain in words what this tells you. (b) How would that compare to a drug that had a p-value of .087? Bob said, “Why...

(a) A statistical study reported that a drug was effective with a p-value of .042. Explain in words what this tells you. (b) How would that compare to a drug that had a p-value of .087?

Bob said, “Why is a small p-value significant, when a large one isn’t? That seems backwards.” Try to explain it to Bob, giving an example to make your point.