Calculate the P-Value in Statistics - Formula to Find the P-Value in Hypothesis Testing
Get this complete course at http://www.MathTutorDVD.com
In this lesson, we will discuss the very important topic of p-values in statistics. The p-value is a calculation that we make during hypothesis testing to determine if we reject the null hypothesis or fail to reject it.
The p-value is calculated by first finding the z test statistic. Once this is known we then need to find the probability of our population having a value more extreme than the test statistic. This is done by looking up the probability in a normal distribution table. We then interpret the results by comparing the p-value to the level of significance..
-----------------
Watch video Calculate the P-Value in Statistics - Formula to Find the P-Value in Hypothesis Testing online without registration, duration hours minute second in high quality. This video was added by user Math and Science 19 January 2017, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,705,388 once and liked it 17 thousand people.