What is the p-Value in statistics?
The p-value is one of the most important quantities in statistics for interpreting hypothesis tests.
But what does the p-value mean?
The p-value is the probability of the observed result, plus even more extreme results if the null hypothesis is true.
For the calculation of the p-value a suitable hypothesis test must first be found. If the suitable hypothesis test is found you can calculate the p-value in the statistic calculator on DATAtab. The best known hypothesis tests are:
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More Information about the p-Value:
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