A new drug for hyperlipidemia is tested in a randomized controlled trial. Researchers find a p-value of 0.005 when comparing the drug to placebo. This p-value indicates:

✓ Correct Answer: Option B

A p-value of 0.005 means there is a 0.5% chance of observing the study results (or more extreme) if the null hypothesis (no effect/difference) were true. It indicates statistical significance.