This entertaining video works step-by-step through a hypothesis test, using the difference of two means as an example. Helen wishes to know whether giving away free stickers will increase her chocolate sales.
There are five steps:
0:25 Hypotheses
1:27 Significance Level
1:47 Sample
1:54 p-value
2:00 Decide
This is a companion video for "Understanding the p-value". • P-value in statistics: Understanding ...
The same data is analysed in "Two means t-test in Excel" • Two means t-test in Excel - Statistic...
To find out what it means for a result to be statistically significant see Understanding Statistical Significance: • Understanding Statistical Significanc...
For explanation about paired data see: • Paired samples and independent sample...
And for analysis of paired data see: • Two means t-test in Excel - Statistic...
See https://creativemaths.net/videos/ for all of Dr Nic's videos organised by topic.
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Watch video Hypothesis testing: step-by-step, p-value, t-test for difference of two means - Statistics Help online without registration, duration hours minute second in high quality. This video was added by user Dr Nic's Maths and Stats 05 December 2011, don't forget to share it with your friends and acquaintances, it has been viewed on our site 923,880 once and liked it 6.1 thousand people.