I am using the corr.test() function to do some exploratory data analysis. I am using the "holm" correction but I think I will switch to using BH. Eitherway I am curious about the p-value out put from this function. If the reported p-value is under 0.05 does that mean it is significant now?
Holm and Hochberg are both used in multiple testing to adjust for p-values, so as to keep family wise type I error under 0.05. In the case of corr.test(), you usually test for many correlations at the same time, these adjusted p-value are really needed to make reliable conclusions/claim the correlation is statistically significant.