What is a 5 sigma process?
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so, what does five-sigma mean? In short, five-sigma corresponds to a p-value, or probability, of 3x10-7, or about 1 in 3.5 million. ... If the p-value is low, for example 0.01, this means that there is only a small chance (one percent for p=0.01) that the data would have been observed by chance without the correlation
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