Asked by Usman Arshad on Sep 30, 2024
In order to determine the p-value,it is necessary to know the level of significance.
P-value
The probability of observing test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is correct.
Level of Significance
The probability of making a Type I error in hypothesis testing, serving as a critical value for deciding whether to reject the null hypothesis.
- Acquire knowledge on the significance and effects of p-values within hypothesis testing frameworks.
Learning Objectives
- Acquire knowledge on the significance and effects of p-values within hypothesis testing frameworks.