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A p-value is the probability of observing data at least as favorable to an alternative hypothesis. When you perform a hypothesis test in statistics, it helps you determine the significance of your results. A z-value is a measure of the likelihood that a hypothesis is true.
A p-value is the probability of observing data at least as favorable to an alternative hypothesis. When you perform a hypothesis test in statistics, it helps you determine the significance of your results. A z-value is a measure of the likelihood that a hypothesis is true.
A p-value is the probability of observing data at least as favorable to an alternative hypothesis. When you perform a hypothesis test in statistics, it helps you determine the significance of your results. A z-value is a measure of the likelihood that a hypothesis is true.
B) Initial thoughts: Easy part? Couldnt really think of it except once you get the p-value is low then you reject H 0 and if the p-value is high we do not reject H 0 . Its difficult for me to remember this section because it just comes off hard. A lot of information and the formula is slightly confusing. C) Connection to past material: Z-values come back into play with the formula for finding p-value D) How I attempted to correct the concept: The notes provide a good explanation: When we use this test statistic to calculate the p-value, the probability of observing data at least as favorable to the alternative hypothesis as our current data set, if the null hypothesis is true. I like the following example I found online: For example, suppose a pizza place claims their delivery times are 30 minutes or less on average but you think its more than that. You conduct a hypothesis test because you believe the null hypothesis, Ho, that the mean delivery time is 30 minutes max, is incorrect. Your alternative hypothesis (Ha) is that the mean time is greater than 30 minutes. You randomly sample some delivery times and run the data through the hypothesis test, and your p-value turns out to be 0.001, which is much less than 0.05. In real terms, there is a probability of 0.001 that you will mistakenly reject the pizza places claim that their delivery time is less than or equal to 30 minutes. Since typically we are willing to reject the null hypothesis when this probability is less than 0.05, you conclude that the pizza place is wrong; their delivery times are in fact more than 30 minutes on average, and you want to know what theyre gonna do about it! (Of course, you could be wrong by having sampled an unusually high number of late pizza deliveries just by chance.) E) Rate your level of confidence in your understanding of the concept: 4=mostly confident
F) Final definition/description of concept: When you perform a
hypothesis test in statistics, a p-value helps you determine the significance of your results.