The goal of the study was to descriptively analyze the understanding of null hypothesis significance testing among Croatian psychology students considering how it is usually understood in textbooks, which is subject to Bayesian and interpretative criticism. Also, the thesis represents a short overview of the discussions on the meaning of significance testing and how it is taught to students. There were 350 participants from undergraduate and graduate programs at five faculties in Croatia (Zagreb – Centre for Croatian Studies and Faculty of Humanities and Social Sciences, Rijeka, Zadar, Osijek). Another goal was to ascertain if the understanding of null hypothesis testing among psychology students can be predicted by their grades, attitudes and interests. The level of understanding of null hypothesis testing was measured by the Test of statistical significance misinterpretations (NHST test) (Oakes, 1986; Haller and Krauss, 2002). The attitudes toward null hypothesis significance testing were measured by a questionnaire that was constructed for this study. The grades were operationalized as the grade average of courses taken during undergraduate studies, and as a separate grade average of methodological courses taken during undergraduate and graduate studies. The students have shown limited understanding of null hypothesis testing – the percentage of correct answers in the NHST test was not higher than 56% for any of the six items. Croatian students have also shown less understanding on each item when compared to the German students in Haller and Krauss’s (2002) study. None of the variables – general grade average, average in the methodological courses, two variables measuring the attitude toward null hypothesis significance testing, failing at least one methodological course, and the variable of main interest in psychology – were predictive for the odds of answering the items in the NHST test correctly. The conclusion of the study is that education practices in teaching students the meaning and interpretation of null hypothesis significance testing have to be taken under consideration at Croatian psychology departments.